It’s an interesting time for the nation’s casino operators. Tourism is down, commercial real estate values are through the floor and the folks that have any money are unwilling to gamble it away.

And the president himself is maligning corporations who’d piggyback their conferences and annual meetings in towns like Las Vegas.

The situation’s having a hugely detrimental impact on the nation’s highly leveraged casino operators.

But all is not bad, especially for growing financially stable companies like Penn National Gaming (NASDAQ:PENN). With nearly $800 million in cash at the close of last quarter, the company is able to take advantage of its competitors’ pain — and search out potential acquisition opportunities.

Full story is available on Today’s Financial News