The following video is part of our "Motley Fool Conversations" series, in which consumer-goods editor/analyst Austin Smith discusses topics around the investing world.

In today's edition, Austin discusses the outlook for one regional gaming operator, Penn National Gaming. Despite some notable strengths such as a less leveraged balance sheet, more diverse revenue stream than the competition, and a stronger pipeline of new casinos, Austin remains skeptical about the overall regional gaming market. 

Editor's Note: In the video Austin mentioned Harrah's as a competitor to Penn National; however, the company has recently changed its name to Caesars Entertainment Group.

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