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FOR IMMEDIATE RELEASE

October 2001

October 26, 2001
PENN NATIONAL GAMING REPORTS RECORD THIRD QUARTER REVENUE, EBITDA AND NET INCOME

October 25, 2001
Penn National Gaming Third Quarter Earnings Per Share Increase 105% to $0.39 Before Extraordinary Item

October 22, 2001
Penn National Gaming Appoints John Jagunich President and C.E.O. of Casino Magic, Bay St. Louis- Fortifies Property Management with Appointment of Hotel/Casino Management Industry Veteran -

October 10, 2001
Penn National Gaming to Report Third Quarter Results and Host Conference Call and Webcast On October 25

October 1, 2001
Penn National Gaming Appoints Jordan Savitch Senior Vice President and General Counsel


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