TIM WILMOTT was appointed President and Chief Operating Officer of Penn National
in February 2008, bringing over 20 years of experience in managing and
developing gaming operations in diverse regulated jurisdictions including
Arizona, California, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi,
Missouri, Nevada, New Jersey and North Carolina, as well as internationally.
Previously, Mr. Wilmott served for four years as Chief Operating Officer of
Harrah's Entertainment, where he was credited with advancing Harrah's player
tracking and customer rewards programs, increasing its customer acquisition and
marketing efforts and developing and introducing analytical tools aimed at
driving growth and customer satisfaction. Prior to that appointment, Mr. Wilmott
served from 1997 to 2002 as Division President of Harrah's Eastern Division. Profile
TWST: Can you start out by first giving investors a brief overview and history
of Penn National?
Mr. Wilmott: The company was started by the Carlino family in the mid 1970s,