Penn National Gaming to Participate in 2009 Deutsche Bank Leveraged Finance Conference on Wednesday September 30

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WYOMISSING, Pa.-(Business Wire)-September 23, 2009 - Penn National Gaming, Inc. (Nasdaq: PENN) announced today that its Chief Financial Officer, William J. Clifford, will participate in an audio webcast in conjunction with the Company’s presentation at the 2009 Deutsche Bank Leveraged Finance Conference to be held at The Phoenician Hotel in Scottsdale, Arizona on Wednesday, September 30, 2009 at 11:35 a.m. ET.

The webcast and management’s presentation will be accessible at www.pngaming.com (“Financial Info/Executive Presentations”) and will be archived for ninety days.

About Penn National Gaming

Penn National Gaming owns and operates gaming and racing facilities with a focus on slot machine entertainment. The Company presently operates nineteen facilities in fifteen jurisdictions, including Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, New Mexico, Ohio, Pennsylvania, West Virginia, and Ontario. In aggregate, Penn National’s operated facilities feature over 26,300 gaming machines, approximately 400 table games, over 2,000 hotel rooms and over 959,000 square feet of gaming floor space.

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