- Announces Realignment of Regional
Reporting Structure -
- Scott Saunders to Succeed Al Britton as GM
of Hollywood Casino at Charles Town Races -
- Brad Hirsch to Become GM of Hollywood
Casino Lawrenceburg -
Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or
the “Company”) today announced that Albert (“Al”) T. Britton, has
been named Senior Vice President of Regional Operations, effective
May 16, 2016, subject to customary regulatory approvals. Mr.
Britton currently serves as General Manager of Penn National's
Hollywood Casino at Charles Town Races in W.Va., a position he has
held since September 2004.
In conjunction with Mr. Britton’s appointment, Penn National
plans to realign its regional reporting structure to reflect the
oversight of Mr. Britton and the Company’s other two Senior Vice
Presidents of Regional Operations, John Finamore and Ameet Patel.
Mr. Britton will have responsibility for the Midwest Region, which
includes Penn National’s operations in Missouri, Illinois, Kansas
and Indiana. John Finamore will oversee the Northeast Region, which
includes properties in Ohio, Pennsylvania, West Virginia,
Massachusetts, Maine and Ontario. Finally, Ameet Patel will manage
the South/West Region, which includes the Company’s operations in
Mississippi, New Mexico, Nevada and California.
Mr. Britton brings 35 years of proven gaming industry experience
to his new role with Penn National, where he will report to Jay
Snowden, Chief Operating Officer. Mr. Britton began his career in
1981 with Claridge Casino Hotel in Atlantic City, NJ. He served in
various management positions there, including financial,
operations, hotel management, marketing, administration and human
resources and ultimately ascended to the position of President and
Chief Operating Officer.
Commenting on Mr. Britton’s appointment, Jay Snowden said, “For
nearly 12 years, Al has very successfully led our efforts to drive
revenue and create an exciting regional destination for our
customers at Hollywood Casino at Charles Town Races, one of our
Company’s flagship properties. During that time he has overseen
several Charles Town expansion projects, while adeptly responding
to new competition in the marketplace. As a result, Charles Town
remains one of the leading regional gaming properties in the
country. I’m confident that our facilities and the property
management teams in his region will benefit from his vast industry
knowledge and experience.”
Scott Saunders, currently General Manager of Hollywood Casino
Lawrenceburg, will succeed Al Britton as General Manager of
Hollywood Casino at Charles Town Races, subject to customary
regulatory approvals. Mr. Saunders joined Penn National in May 2010
as Director of Finance for Hollywood Casino Perryville in Maryland.
In July 2011 he was appointed Assistant General Manager for
Hollywood Casino Lawrenceburg, where he served until being named
Assistant General Manager for Hollywood Casino Columbus. In 2013,
Mr. Saunders became General Manager of Argosy Casino Alton in
Illinois, where he served briefly before returning to Hollywood
Casino Lawrenceburg in his current role as General Manager.
Brad Hirsch has been recruited to fill the position of General
Manager for Hollywood Casino Lawrenceburg, subject to customary
regulatory approvals. Mr. Hirsch began his career in the gaming
industry with Caesar’s Entertainment in 2003. He served with the
company for 12 years in various management capacities in Indiana,
Louisiana, Mississippi and Ohio. Most recently he was General
Manager of Harrah’s Metropolis casino in Illinois.
Commenting on both appointments, Mr. Snowden said, “Scott has
spent much of his 20 year career in the gaming industry with Penn
National, and we’re confident he’s ready to take the helm of one of
our Company’s most significant assets. As for Brad, we’re excited
to be able to recruit him to our property leadership team. His
successful track record in competitive markets, including Illinois
and Ohio, will serve him well in his new position at Hollywood
Casino Lawrenceburg.”
About Penn National Gaming
Penn National Gaming owns, operates or has ownership interests
in gaming and racing facilities and video gaming terminal
operations with a focus on slot machine entertainment. At December
31, 2015, the Company operated twenty-seven facilities in seventeen
jurisdictions, including Florida, Illinois, Indiana, Kansas, Maine,
Massachusetts, Maryland, Mississippi, Missouri, Nevada, New Jersey,
New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario.
At December 31, 2015, in aggregate, Penn National Gaming operated
approximately 33,400 gaming machines, 800 table games and 4,600
hotel rooms.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements can be identified by the use of forward
looking terminology such as “expects,” “believes,” “estimates,”
“projects,” “intends,” “plans,” “seeks,” “may,” “will,” “should” or
“anticipates” or the negative or other variations of these or
similar words, or by discussions of future events, strategies or
risks and uncertainties, including future plans, strategies,
performance, developments, acquisitions, capital expenditures, and
operating results. Actual results may vary materially from
expectations. These forward looking statements are inherently
subject to risks, uncertainties and assumptions about Penn National
Gaming and its subsidiaries, including risks related to required
regulatory approvals, , and, accordingly, any forward looking
statements are qualified in their entirety by reference to the
factors discussed in the Company’s Annual Report on Form 10-K for
the year ended December 31, 2015, as well as any subsequent
Quarterly Reports on Form 10-Q and Current Reports on Form 8-K,
each as filed with the United States Securities and Exchange
Commission. The Company does not intend to update publicly any
forward-looking statements except as required by law. In light of
these risks, uncertainties and assumptions, the forward-looking
events discussed in this press release may not occur.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160419006355/en/
Penn National Gaming, Inc.Eric SchippersSr. Vice President,
Public Affairs610-373-2400orJCIRJoseph N. Jaffoni, Richard
Land212-835-8500penn@jcir.com
PENN Entertainment (NASDAQ:PENN)
Historical Stock Chart
From Aug 2024 to Sep 2024
PENN Entertainment (NASDAQ:PENN)
Historical Stock Chart
From Sep 2023 to Sep 2024