Penn National’s Legal Chief Cashes Out as Gaming Stocks Rally

Nov. 20, 2020, 6:54 PM UTC

Penn National Gaming Inc. has hired a veteran gambling industry lawyer to assume leadership of its in-house law department next year.

Harper Ko, chief legal officer and general counsel at slot machine maker Everi Holdings Inc., will succeed the retiring Carl Sottosanti as Penn’s top lawyer on Jan. 1. The Wyomissing, Pa.-based casino and racetrack operator announced Nov. 19.

Sottosanti didn’t respond to a request for comment about his decision to step down at Penn, which he joined as deputy general counsel in 2003 before being promoted to the company’s top legal role a decade later. He will retire as ...

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