Penn National officialto leave company

WYOMISSING, Pa. – Penn National Gaming Inc. announced Friday that by mutual agreement, the company’s president and chief operating officer, Kevin DeSanctis, will be leaving the company by the end of this year to form Revel Entertainment.

Penn National, the parent company of Hollywood Slots at Bangor, has retained the executive search firm Heidrick & Struggles International Inc. to help find his successor.

“We want to express our gratitude to Kevin for his contributions to Penn National over the past five years,thank him in advance for ensuring that this transition is managed seamlessly and efficiently, and wish him the best in his future endeavors,” Chief Executive Officer Peter M. Carlino said.

“Penn National Gaming has a deep, capable team of operations, finance, marketing, project development and legal executives to manage the current properties and planned expansions,” Carlino said. “In addition, our casinos are led by experienced, results-oriented gaming executives who serve as general managers. We are confident in the ability of these teams to ensure our ongoing success.”