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FOR IMMEDIATE RELEASE

April 2002

April 25, 2002
Penn National Gaming Completes Bullwhackers Casino Acquisition Transaction Expands Penn National's Gaming Operations to Colorado

April 23, 2002
Penn National Gaming Reports Record First Quarter Revenue, EBITDA and Net Income Before Extraordinary Item;

April 19, 2002
PENN NATIONAL GAMING TO PARTICIPATE IN BEAR STEARNS ELEVENTH ANNUAL CREDIT RESEARCH CONFERENCE

April 11, 2002
PENN NATIONAL GAMING TO REPORT FIRST QUARTER RESULTS AND HOST CONFERENCE CALL AND WEBCAST ON APRIL 23


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