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Friday, September 21, 2012

M1 - New Meadowlands Racetrack LLC Announces Search for New GM; Newlin to Join Penn National Gaming

East Rutherford, NJ [September 21, 2012] -- Today New Meadowlands Racetrack LLC Chairman Jeff Gural announced that NMRLLC is opening a search for a new General Manager. Current GM Mike Newlin, who directed the track through its initial season as a private entity, is resigning effective October 5, 2012.  Newlin is joining Penn National Gaming as the General Manager of the Sanford-Orlando Kennel Club in Longwood, FL.

Gural said, "I wish Mike well in his new position.  Under his leadership, we accomplished many important milestones including a successful live meet, opening the Bayonne Off-Track Wagering facility and beginning the construction of the new Meadowlands Racetrack.  He has set a firm foundation of customer service expectations for our employees and created many great customer relationships."

Newlin commented, “While the Meadowlands transition was a challenge, it is very rewarding to look back and see what we accomplished in just one year. Our live meet was up over 6% in attendance and up 8% in live on track handle.  It has been an honor to be entrusted with the Meadowlands legacy, but I have been interested in joining the Penn National organization for a long time. The opportunity presented itself and I want to continue to expand my professional experiences.  I want to thank Jeff Gural for giving me the chance to run one of the premier racetracks in North America. I wish Jeff and the New Meadowlands team the very best in the future.”

Rob Fitzpatrick (CFO) will act as interim General Manager of the Meadowlands