Get a Rebate on Your Gambling Losses  Penn National Gaming
splits into an REIT and a casino stock. Prepare for dividends!
Remember that classic scene in Lost in America, where Albert
Brooks begs the casino owner to just give back all the money his
wife lost, trying to convince him that it would be great public
relations to be the casino that gives money back to its
gamblers?  Well, it looks like Albert might finally get his
wish.  Penn National Gaming (NASDAQ:PENN) is going to split into
an operating company and a real estate investment trust — in
other words, it’ll pay a dividend.  Why would Penn take such a
bold step? The answer lies in the differences that the gaming
and hospitality sectors have been seeing during the past couple
years.  Gaming revenue at domestic casinos has been modest, at
best. In many cases, companies like MGM Resorts (NYSE:MGM) and
Las Vegas Sands (NYSE:LVS) have been struggling on the gaming
revenue side, and even Wynn Resorts (NASDAQ:WYNN) has its
challenges. This is because the e