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Regional Gaming a Tough Game to Win

By Travis Hoium - Apr 23, 2013 at 8:40PM

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Penn National shows why regional gaming is tough for investors right now.

Penn National (PENN 1.87%) reported earnings last week, and the first quarter wasn't terribly impressive. Acquisitions and new construction drove 8% growth, but organic growth is hard to come by, a trend seen from other companies as well. Erin Miller sat down with Travis Hoium to see what we should take from this earnings report and what to watch for as earnings season continues. 

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Stocks Mentioned

Wynn Resorts, Limited Stock Quote
Wynn Resorts, Limited
WYNN
$65.16 (-1.87%) $-1.24
Penn National Gaming, Inc. Stock Quote
Penn National Gaming, Inc.
PENN
$31.50 (1.87%) $0.58
Caesars Entertainment Corporation Stock Quote
Caesars Entertainment Corporation
CZR
Ameristar Casinos Inc. Stock Quote
Ameristar Casinos Inc.
ASCA.DL

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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