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.

Austin Smith and The Motley Fool have no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.