"Penn National is excited to bring its Hollywood brand to the six million residents of the greater Washington D.C. area, providing an easily accessible, world-class entertainment experience that features the best in casino gaming, live harness racing, dining and accommodations. We are looking forward to a fair and objective selection process and working with the local community and the state regulators to make this vision of a Rosecroft Raceway of the future a reality. Finally, Penn National has strong record with gaming regulators, the industry's most extensive record of development and operation of first-class gaming facilities, and the Company's strong balance sheet is an asset to the project which ensures that we can and will build the resort facility we are proposing."