WYOMISSING, Pa .– (BUSINESS WIRE) –Penn National Gaming, Inc. (PENN: Nasdaq) ("Penn National" o la "Compañía") anunció hoy que ha comenzado una oferta pública suscrita de 14,000,000 de acciones ordinarias de Compañía (la "Oferta").

La Compañía tiene la intención de otorgar a los suscriptores una opción de 30 días para comprar hasta 2,100,000 acciones adicionales de sus acciones ordinarias en la Oferta. La Compañía espera utilizar los ingresos netos de la Oferta para fines corporativos generales.

Goldman Sachs & Co. LLC, BofA Securities y JP Morgan actúan como administradores conjuntos de contabilidad para la Oferta. Se ha presentado a la Comisión de Bolsa y Valores de EE. UU. ("SEC") una declaración de registro en estantería relacionada con estos valores, que ha entrado en vigor. La Oferta solo podrá realizarse mediante un prospecto complementario y un prospecto base adjunto. El suplemento del prospecto preliminar y el prospecto base adjunto relacionado con la Oferta se presentarán ante la SEC y estarán disponibles en el sitio web de la SEC en www.sec.gov. Se pueden obtener copias del suplemento del prospecto preliminar y el prospecto base adjunto relacionado con la Oferta en Goldman Sachs & Co. LLC, 200 West Street, Nueva York, Nueva York 10282, Atención: Departamento de Folletos, por teléfono al (866) 471-2526 , o por correo electrónico a prospectus-ny@ny.email.gs.com, de BofA Securities, NC1-004-03-43 200 North College Street, 3rd floor Charlotte, NC 28255-0001 Attn: Prospectus Department o por correo electrónico a dg.prospectus_requests@bofa.com o de JP Morgan Securities LLC, Atención: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, teléfono: 1-866-803-9204.

Este comunicado de prensa no constituye una oferta para vender, o la solicitud de una oferta para comprar, ninguna acción común o cualquier otro valor y no constituirá ninguna oferta, solicitud o venta en ninguna jurisdicción en la que dicha oferta, solicitud, compra o la venta es ilegal. Antes de invertir, lea el suplemento del prospecto aplicable y el prospecto base adjunto y otros documentos que Penn National ha presentado ante la SEC para obtener información más completa sobre Penn National.

Acerca de Penn National Gaming

Con la presencia de juegos regionales más grande y diversificada del país, incluidas 41 propiedades en 19 estados, Penn National continúa evolucionando hasta convertirse en un proveedor omnicanal altamente innovador de juegos minoristas y en línea, carreras en vivo y entretenimiento de apuestas deportivas. Las propiedades de la Compañía cuentan con aproximadamente 50,000 máquinas de juego, 1,300 juegos de mesa y 8,800 habitaciones de hotel, y operan bajo varias marcas conocidas, incluidas Hollywood, Ameristar y L'Auberge. Nuestra división interactiva de propiedad absoluta, Penn Interactive, opera apuestas deportivas minoristas en todo el portafolio de la Compañía, así como casino social en línea, bingo e iCasino. En febrero de 2020, Penn National celebró una asociación estratégica con Barstool Sports, mediante la cual Barstool está promocionando exclusivamente los casinos físicos y en línea y los productos de apuestas deportivas de la Compañía, incluida la aplicación móvil Barstool Sportsbook, para su audiencia nacional. El enfoque omnicanal de la Compañía se ve reforzado por el programa de lealtad myChoice, que recompensa y reconoce a sus más de 20 millones de miembros por su lealtad a los productos de apuestas deportivas y juegos minoristas y en línea con el conjunto más dinámico de ofertas, experiencias y niveles de servicio en La industria.

Declaraciones prospectivas

Este comunicado de prensa contiene "declaraciones prospectivas" en el sentido de la Ley de Reforma de Litigios de Valores Privados de 1995. Estas declaraciones pueden identificarse mediante el uso de terminología prospectiva como "espera", "cree", "estima" "Proyectos", "intenciones", "planes", "meta", "busca", "puede", "hará", "debería" o "anticipa" o las variaciones negativas u otras de estas o palabras similares, o por discusiones de eventos futuros, estrategias o riesgos e incertidumbres. Dichas declaraciones están sujetas a riesgos, incertidumbres y cambios en circunstancias que podrían afectar significativamente los resultados financieros y negocios futuros de la Compañía.

En consecuencia, la Compañía advierte que las declaraciones a futuro contenidas en este documento están calificadas por factores importantes que podrían causar que los resultados reales difieran materialmente de los reflejados por dichas declaraciones. Accordingly, the Company cautions that the forward-looking statements contained herein are qualified by important factors that could cause actual results to differ materially from those reflected by such statements. Such factors include, but are not limited to: (a) market conditions for the Company’s common stock generally, for the securities of gaming, hospitality and entertainment companies; (b) the anticipated terms of the proposed Offering; (c) the timing and ability of the Company to consummate the Offering; (d) the anticipated use of proceeds and difficulties, delays or unexpected costs in offering the Offering; (e) the magnitude and duration of the impact of COVID-19 on general economic conditions, capital markets, unemployment, and the Company’s liquidity, operations, supply chain, and personnel; (f) industry, market, economic, political, regulatory and health conditions; (g) disruptions in operations from data protection breaches, cyberattacks, extreme weather conditions, civil unrest, medical epidemics or pandemics such as COVID-19 (and any reoccurrences), and other natural or manmade disasters or catastrophic events; (h) the reopening of the Company’s Zia Park gaming property is subject to various conditions, including regulatory approvals, potential delays and operational restrictions; (i) our ability to access additional capital on favorable terms or at all; (j) our ability to remain in compliance with the financial covenants of our debt obligations; (k) the consummation of the Perryville transaction with GLPI is subject to various conditions, including third party agreements and approvals, and accordingly it may be delayed or may not occur at all; (l) actions to reduce costs and improve efficiencies to mitigate losses as a result of COVID-19 that could negatively impact guest loyalty and our ability to attract and retain employees; (m) the outcome of any legal proceedings that may be instituted against the Company or its directors, officers or employees; (n) the impact of new or changes in current laws, regulations, rules or other industry standards; (o) the ability of our operating teams to drive revenue and margins; (p) the impact of significant competition from other gaming and entertainment operations (including from Native American casinos, historic racing machines, state sponsored i-lottery products and video game terminals (“VGTs”) in or adjacent to states in which we operate); (q) our ability (and the ability of our business partners) to obtain timely regulatory approvals required to own, develop and/or operate our properties, or other delays, approvals or impediments to completing our planned acquisitions or projects, construction factors, including delays, and increased costs; (r) the passage of state, federal or local legislation (including referenda) that would expand, restrict, further tax, prevent or negatively impact operations in or adjacent to the jurisdictions in which we do or seek to do business (such as a smoking ban at any of our properties or the potential award of additional gaming licenses proximate to our properties, as recently occurred in Illinois, Nebraska and Pennsylvania); (s) the effects of local and national economic, credit, capital market, housing, and energy conditions on the economy in general and on the gaming and lodging industries in particular; (t) the activities of our current competitors (commercial and tribal) and the rapid emergence of additional significant potential competitors (traditional, tribal, internet, social, sweepstakes based and VGTs in bars and truck stops) in or adjacent to the jurisdictions in which we do or seek to do business; (u) increases in the effective rate of taxation for any of our operations or at the corporate level; (v) our ability to identify attractive acquisition and development opportunities (especially in new business lines) and to agree to terms with, and maintain good relationships with partners and municipalities for such transactions; (w) the costs and risks involved in the pursuit of such opportunities and our ability to complete the acquisition or development of, and achieve the expected returns from, such opportunities; (x) the impact of weather, including flooding, hurricanes and tornadoes and the ability to recover associated insurance proceeds; (y) changes in accounting standards; (z) the risk of failing to maintain the integrity of our information technology infrastructure and safeguard our business, employee and customer data (particularly as our iGaming division grows); (aa) with respect to our iGaming and sports betting endeavors, the impact of significant competition from other companies for online sports betting, iGaming and sportsbooks, our ability to achieve the expected financial returns related to our investment in Barstool Sports, our ability (and the ability of our business partners) to obtain timely regulatory approvals and iOS approval required to own, develop and/or operate sportsbooks may be delayed and there may be impediments and increased costs to launching the online betting, iGaming and sportsbooks, including delays, and increased costs, intellectual property and legal and regulatory challenges, as well as our ability to successfully develop innovative products that attract and retain a significant number of players in order to grow our revenues and earnings, our ability to establish key partnerships, our ability to generate meaningful returns and the risks inherent in any new business; (bb) the impact of significant competition from other companies for online sports betting; (cc) the Company’s ability to achieve the expected financial returns related to its Barstool Sportsbook app; (dd) the risk of failing to maintain the integrity of the Company’s information technology infrastructure and safeguard its business, employee and customer data in connection with the Company’s online sports betting; (ee) the Company’s and its business partners’ ability to obtain various regulatory approvals required to own, develop and/or operate the Barstool Sportsbook app may be delayed or may not occur; and (ff) other factors included in “Risk Factors,” of this prospectus supplement, the Company’s Annual Report on Form 10-K for the year ended December 31, 2019, the Company’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020 and June 30, 2020, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, each as filed with the U.S. 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. Comisión Nacional del Mercado de Valores. La Compañía no tiene la intención de actualizar públicamente ninguna declaración prospectiva, excepto según lo exija la ley. A la luz de estos riesgos, incertidumbres y suposiciones, los eventos a futuro discutidos en este comunicado de prensa pueden no ocurrir.

Contactos

Consultas de medios generales:
Eric Schippers, Vicepresidente Sr., Asuntos Públicos
Penn National Gaming
610 / 373-2400

Medios financieros y consultas de analistas:
Justin Sebastiano, vicepresidente sénior de finanzas y tesorero
Penn National Gaming
610 / 373-2400

Joseph N. Jaffoni, Richard Land
Jcir
212 / 835-8500 o penn@jcir.com

Fuente BUSINESS WIRE