April 7, 2013 (Jamul) --Penn National Gaming, Inc. (NASDAQ: PENN) announced Friday that one of its wholly-owned subsidiaries and the Jamul Indian Village (“the Tribe”) have entered into definitive agreements to jointly develop a Hollywood-branded casino and resort on the Tribe’s trust land in San Diego’s East County.

The proposed $360 million development would include a three-story gaming and entertainment facility of approximately 200,000 square feet featuring at least 1,700 slot machines, 50 live table games including poker, multiple restaurants, bars and lounges and a partially enclosed parking structure with over 1,900 spaces.