If you have ever been to a casino, you know just how opulent and exciting they can be. It is very easy to get taken in by their atmosphere, which is one of the reasons casinos are heavily regulated. Regulation has an important impact on industry players like Penn Entertainment (NASDAQ: PENN). Here's why some regions of the country are far more friendly to the company's finances than others.

Casinos are a risky place for consumers. The games are designed so that the house tends to win. Free-flowing alcohol, and the often detrimental effect that has on human judgment, worsen the odds further.

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Source Fool.com