Penn National Gaming (PENN -2%) CEO Peter Carlino weighs in on Las Vegas in the company's...

|About: Penn National Gaming, Inc. (PENN)|By:, SA News Editor

Penn National Gaming (PENN -2%) CEO Peter Carlino weighs in on Las Vegas in the company's earning conference call (transcript), saying the gaming company doesn't see a "robust" recovery for the Strip. "Construction continues to move very slowly there, and general economic conditions for 2013 are going to be very similar to what we saw in 2011 and 2012." Though many sector names are increasingly plays on Macau, it's still a swipe at the industry from an insider.