Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

George Todd

2. Date of Event Requiring Statement (MM/DD/YYYY) 1/1/2021

3. Issuer Name and Ticker or Trading Symbol

PENN NATIONAL GAMING INC [PENN]

(Last) (First) (Middle)

825 BERKSHIRE BLVD., SUITE 200

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
___X___ Officer (give title below) _____ Other (specify below)
EVP, Operations /

(Street)

WYOMISSING, PA 19610

(City) (State) (Zip)

5. If Amendment, Date Original Filed(MM/DD/YYYY)

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	21029	D

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Options (Right to Buy)	⁽¹⁾	1/3/2025	Common Stock	13360	$30.74	D
Stock Options (Right to Buy)	⁽²⁾	1/3/2029	Common Stock	25404	$19.45	D
Stock Options (Right to Buy)	⁽³⁾	1/3/2030	Common Stock	61061	$26.14	D
Stock Appreciation Rights	⁽⁴⁾	1/4/2024	Common Stock	5375	$14.10	D
Phantom Stock Units	⁽⁵⁾	9/22/2023	Common Stock	28539	⁽⁵⁾	D

Explanation of Responses:
(1)	The stock options vest and become exercisable in four equal annual installments beginning on January 3, 2019.
(2)	The stock options vest and become exercisable in four equal annual installments beginning on January 3, 2020.
(3)	The stock options vest and become exercisable in four annual installments beginning on January 3, 2021.
(4)	The stock appreciation rights vest and become exercisable on January 4, 2021.
(5)	Each phantom stock unit is the economic equivalent of one share of the registrant's common stock. The phantom stock units vest in three installments as follows: 7,135 phantom stock units vest on September 22, 2021, 9,989 phantom stock units vest on September 22, 2022, and 11,415 phantom stock units vest on September 22, 2023.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
George Todd 825 BERKSHIRE BLVD., SUITE 200 WYOMISSING, PA 19610			EVP, Operations