X0306 4 2013-02-19 0 0000921738 PENN NATIONAL GAMING INC PENN 0001476870 Burke Desiree A. 825 BERKSHIRE BLVD, SUITE 200 WYOMISSING PA 19610 0 1 0 0 V. P. and Chief Accounting Off Common Stock 2013-02-19 4 S 0 5444 50.81 D 6448 D All transactions on this form 4 were made pursuant to a stock trading plan, executed by Ms Burke on November 23, 2011, established pursuant to rule 10b5-1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.75 to $50.85,inclusive. The reporting person undertakes to provide to Penn National Gaming, Inc., any security holder of Penn National Gaming, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote to this Form 4. /s/Robert S. Ippolito as attorney-in-fact for Desiree A. Burke 2013-02-21