PENN Entertainment Celebrates Grand Opening of Hollywood Casino and Hotel Aurora

All-New, Land-Based Entertainment Destination Offers Guests Gaming, Entertainment, World-Class Dining, Premier Hotel and Wellness Spa

PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today celebrates the grand opening of Hollywood Casino and Hotel Aurora, the all-new, $360 million state-of-the-art casino and hotel. PENN’s latest land-based property replaces the former riverboat property that operated on the Illinois shores of the Fox River since 1993.

PENN is hosting a ribbon-cutting ceremony this afternoon that will include Illinois Gaming Board officials, area dignitaries, state legislators, and team members prior to opening to the public at 8:30pm CST. Inside, guests will experience over 1,000 of the newest slot machines, over 50 table games and a baccarat room, a retail sportsbook, elevated national and Chicagoland celebrity-led dining, a 226-room premier hotel and wellness spa, event center, and, above all, a prime guest experience.

“We are proud to officially welcome guests and players to the exciting, all-new Hollywood Casino and Hotel Aurora,” said Jay Snowden, CEO and President of PENN Entertainment. “Together with our landside move in Joliet last summer, we have reinvested over $500 million in the Chicagoland market over the last three years, resulting in more jobs, meaningful state and local tax revenue, and further enhancing the region as a must-visit destination. Our roots in Aurora run deep, and we are committed to extending our 33-year legacy as a leader in world-class dining, hospitality, entertainment, gaming, and guest experience for years to come.”