Quote of the Day

“I don’t think a merger of Penn and Pinnacle will change the general trends taking place in gaming today. Gaming resorts are getting bigger and flashier as more states open up gambling to generate revenue. And as new casinos open in or closer to major urban areas, many relatively remote areas of the Midwest and South, where a lot of the gambling consolidation has taken place in recent years, could see competition put pressure on traffic.” — The Motley Fool‘s Travis Hoium on the momentum toward a Penn National Gaming buyout of Pinnacle Entertainment.