WYOMISSING, Pa.–(BUSINESS WIRE)–Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) today announced that it has priced its underwritten public offering of 14,000,000 shares of its common stock, $0.01 par value per share, at a public offering price of $61.00 per share (the “Offering”).ペンシルバニア州ワイオミシング-(BUSINESS WIRE)-(ビジネスワイヤ)-ペンナショナルゲーミング社(ペン:ナスダック)(「ペンナショナル」または「会社」)は本日、自社の普通株式854株の公募価格を発表しました。 982.1株あたりXNUMXドルの額面価格、XNUMX株あたりXNUMXドルの公募価格(「オファー」)。 The gross proceeds to the Company from the Offering, before deducting underwriting discounts and other offering expenses, are expected to be approximately $XNUMX million (or approximately $XNUMX million if the underwriters in the Offering fully exercise their option to purchase additional shares of common stock as described below).募集割引およびその他の募集費用を差し引く前の、募集から会社への総手取金は、約XNUMX百万ドル(または、募集の引受人が上記のように普通株式の追加株を購入するオプションを完全に行使する場合、約XNUMX百万ドル)になると予想されます。未満)。


The Company expects to use the net proceeds from the Offering for general corporate purposes, which may include, among other things, investments in long-term growth initiatives, its brick and mortar properties and its omni-channel strategy.当社は、オファリングからの純収入を一般的な企業目的に使用することを期待しています。これには、とりわけ、長期的な成長イニシアチブへの投資、実店舗と不動産、およびオムニチャネル戦略が含まれます。 Subject to the satisfaction of customary conditions, the Offering is expected to close on September 29, 2020.慣習的な条件が満たされることを条件として、オファリングはXNUMX年XNUMX月XNUMX日に終了する予定です。

Goldman Sachs&Co. LLC、BofA Securities、およびJP Morganは、共同で本を執筆するマネージャーおよび引受人の代表として、第XNUMXサード証券、ウェルズファーゴ証券、トルイス証券、BTIG、シチズンズキャピタルマーケット、TD証券、マッコーリーキャピタル、 Barclays、Morgan Stanley、Stifel、Union Gaming、Craig-Hallum Capital Group、RosenblattSecuritiesが共同マネージャーを務めています。 This offering is being conducted pursuant to the Company's currently effective shelf registration statement, which was previously filed with the US Securities and Exchange Commission (“SEC”).この募集は、以前に米国証券取引委員会(「SEC」)に提出された、当社の現在有効な棚登録声明に従って実施されています。 The Offering may be made only by means of a prospectus supplement and an accompanying base prospectus.オファリングは目論見書補足とそれに付随する基本目論見書によってのみ行うことができます。 The preliminary prospectus supplement and accompanying base prospectus relating to the Offering will be filed with the SEC and will be available on the SEC's website atオファリングに関連する予備目論見書補足および付随する基本目論見書はSECに提出され、SECのWebサイトで入手できます。 www.sec.gov。 募集に関連する予備目論見書補足および付随する基本目論見書のコピーは、Goldman Sachs&Co. LLC、200 West Street、New York、New York 10282、Attention:Prospectus Department、at(866)471-2526から入手できます。 、またはメールで promiseus-ny@ny.email.gs.com、BofA Securities、NC1-004-03-43 200 North College Street、3階Charlotte、NC 28255-0001から:目論見書部または電子メール dg.prospectus_requests@bofa.com またはJP Morgan Securities LLCから、注意:Broadridge Financial Solutions、1155 Long Island Avenue、Edgewood、NY 11717、電話:1-866-803-9204。

このプレスリリースは、普通株式またはその他の証券の株式の売却の申し出、または購入の申し出の勧誘を構成するものではなく、そのような申し出、勧誘、購入が行われる管轄区域におけるいかなる申し出、勧誘、または販売を構成するものではありません。または販売は違法です。 投資する前に、該当する目論見書補足、それに付随する基本目論見書、およびペンナショナルがSECに提出したペンナショナルの詳細情報を含むその他の文書をお読みください。


ペンナショナルは、41の州にまたがる19の施設を含む、国内最大かつ最も多様化した地域のゲームフットプリントで、小売およびオンラインゲーム、ライブレース、スポーツくじのエンターテイメントを提供する非常に革新的なオムニチャネルプロバイダーに進化を続けています。 同社の物件は、約50,000台のゲーム機、1,300台のテーブルゲーム、8,800のホテルの部屋を備え、ハリウッド、アメリスター、ローベルジュなどの有名ブランドで運営されています。 完全所有のインタラクティブ部門であるPenn Interactiveは、同社のポートフォリオ全体でスポーツ賭博を運営しており、オンラインソーシャルカジノ、ビンゴ、iCasino製品も扱っています。 2020年20月、ペンナショナルはBarstool Sportsと戦略的パートナーシップを締結し、Barstoolは同社の陸上およびオンラインのカジノと、Barstool Sportsbookモバイルアプリを含むスポーツくじの製品を全国の視聴者に独占的に宣伝しています。 同社のオムニチャネルアプローチは、myChoiceロイヤルティプログラムによって強化されています。これは、XNUMX万人を超える会員が、最もダイナミックなオファー、エクスペリエンス、およびサービスレベルのセットを備えた小売およびオンラインゲームおよびスポーツ賭博製品に対する忠誠心に報い、表彰するものです。業界。


このプレスリリースには、1995年の民間証券訴訟改革法の意味における「前向きな声明」が含まれています。 これらのステートメントは、「期待する」、「信じる」、「推定する」、「プロジェクト」、「意図する」、「計画」、「目標」、「求める」、「かもしれない」などの将来を見据えた用語を使用して識別できます。 「意志」、「すべき」、「または」は、これらまたは類似の単語の否定的または他のバリエーション、または将来の出来事、戦略またはリスクおよび不確実性の議論によって。 このような記述はすべて、当社の将来の業績および事業に重大な影響を与える可能性のあるリスク、不確実性、および状況の変化の影響を受けます。 したがって、当社は、本書に含まれる将来見通しに関する記述は、実際の結果をそのような記述によって反映されたものと大幅に異なるものにする可能性がある重要な要因によって限定されることを警告します。 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,” “goal,” “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. Such statements are all subject to risks, uncertainties and changes in circumstances that could significantly affect the Company’s future financial results and business. 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. 証券取引委員会。 当社は、法律で義務付けられている場合を除き、将来予測に関する記述を公に更新する意図はありません。 これらのリスク、不確実性、および仮定に照らして、このプレスリリースで説明されている将来のイベントは発生しない可能性があります。


610 / 373-2400

610 / 373-2400

212 / 835-8500または penn@jcir.com