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10 Best Gambling Destinations In The World - 10 Most Today

Many people like to spend some time in a Casino while they’re on their holiday. Many places around the world allow gambling and host casinos, but not all of them are worth your time. Before you is a list of the best destinations around the world that offer the best gambling experiences. I can’t guarantee you’ll beat the house, but you’ll definitely have a great time 1. Las Vegas, Nevada The Las Vegas strip is the second most popular attraction in the United States after Times Square in Manhattan. The Strip is the main boulevard in Vegas. It is home to some of the world’s largest hotels (15 of the largest 25), largest casinos and largest resorts. This gambling...

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U.S. gambling companies vie for Niagara Falls casinos as Canadian rivals fold - The Globe and Mail

Three U.S. gambling companies are in the final round of bidding for a pair of Niagara Falls casinos put on the block last year by an Ontario government agency, after Canadian rivals dropped out of a game that got too rich. The Ontario Lottery and Gaming Corp. (OLG) announced plans to sell long-term leases for Casino Niagara and Fallsview Casino Resort in April, 2017, as part of an initiative to modernize facilities and increase government revenues from all of the province’s casinos. Sources involved in bids for the two properties, who requested anonymity because the sale process is confidential, say the three remaining bidders are Caesars Entertainment Corp., Hard Rock Cafe International...

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Atlantic City, New Jersey, United States,

Atlantic City Atlantic City, resort city, Atlantic county, southeastern New Jersey, U.S., on the Atlantic Ocean. It lies on low, narrow, sandy, 10-mile- (16-km-) long Absecon Island, which is separated from the mainland by a narrow strait and several miles of meadows partly covered with water at high tide. The area was inhabited by Delaware Indians before English settlers arrived in the late 1670s. Development of the island as a summer resort was first envisioned by physician Jonathan Pitney, who arrived about 1820 and wanted to establish a health resort. He later headed a group that persuaded the Camden and Atlantic Railroad to make the place its eastern terminus. Its success spurred...

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Genting to start building $4 billion Las Vegas gaming resort later this year, Reuters

KUALA LUMPUR (Reuters) - Genting Bhd, Southeast Asia’s biggest gaming group, will begin construction of a $4 billion gaming resort on the Las Vegas strip in the second half of this year, it said in a statement on Thursday. The Resorts World Las Vegas, expected to create thousands of jobs and hundreds of millions of dollars in tax revenue for South Nevada, will be built in four phases and take between 24-36 months to complete, Genting said. “Our themed resort will cater to the high-end visitor as well as the budget-minded tourist,” said Genting Chairman Lim Kok Thay. “We will give first-time guests a new reason to visit Las Vegas and other tourists a great reason to...

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The US Gambling Industry Is Worth $240 Billion - Business Insider

The US Gambling Industry Is Worth $240 Billion LAS VEGAS (AP) — U.S. casinos and the makers of the games found inside had a $240 billion economic impact and employed 1.7 million people in 2013, a study shows. That includes $38 billion in local, state and federal taxes the industry said it paid last year in gambling fees, property taxes, income taxes and more. Unlike prior studies, the report included the impact tribal gambling and some legal online gaming has had on the economy. The American Gaming Association announced the results of the study at a news conference Tuesday. The group's annual G2E Global Gaming Expo is being held this week at the Sands Expo and Convention Center in Las...

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Casino giants itching to place bets on Japan - Nikkei Asian Review

An MGM casino in Las Vegas. MGM has touted its success bringing Japanese culture to the American gambling haven in seeking to build a resort in Japan. © Reuters TOKYO -- The world's biggest casino operators are angling to enter Japan as its government moves to allow gambling resorts, but strict restrictions prompted by concerns about addiction will mean they are competing for a piece of a limited pie. On the same day that Prime Minister Shinzo Abe's cabinet approved a bill that would take the next step to opening so-called integrated resorts, executives from casino operators including global leader Las Vegas Sands gathered for a promotional event on Friday in Osaka, one of the cities vying...

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GVC forges US gambling joint venture with MGM Resorts

GVC forges US gambling joint venture with MGM Resorts UK online betting group’s shares rise on deal to expand in US market The UK betting group GVC has struck a breakthrough deal with casino group MGM Resorts International to expand in the US in a bid to take advantage of the long-awaited liberalisation of the American gambling market. The companies are forming a 50:50 joint venture “to create a world-class sports betting and online gaming platform” in the US. Shares in GVC, the owner of Ladbrokes, jumped as much as 7 per cent at the start of trading before trimming some of those gains to stand 5.02 per cent higher at £11.50 – an all-time high. The joint venture follows a landmark...

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William Hill agree deal with US gambling group Eldorado Resorts, Horse Racing News, Racing Post

William Hill agree deal with US gambling group Eldorado Resorts William Hill have become the latest British bookmaker to strike a major deal in the United States in a bid to tap into the burgeoning sports betting market there. Hills have agreed a 25-year partnership with Nasdaq-listed casino group Eldorado Resorts which will extend their reach to 13 states where sports betting is either legal or sports betting bills are tabled, more than double the previous number. In May the US Supreme Court repealed laws banning sports betting in all but a handful of states, resulting in a potentially huge opening for UK and Irish gambling operators. Under the deal, which is expected to complete early in...

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The History of Gaming in Nevada

History of Gaming in Nevada 1864 to 1931 Gaming was a part of Nevada's culture even before the state's inception. Many prospectors traveled to the area to search for gold in the Sierra Nevada and brought their games of chance with them. However, in the early 1860s, President Lincoln appointed Nevada Territory Governor James Nye, who held a vigilant stand against gambling, encouraging the territorial legislature to ban games of chance. In 1861, the territorial legislature instituted stiff penalties for running and participating in any game of chance. The measure was not very successful, though, and when Nevada became a state in 1864, the first legislature attempted to legalize and regulate...

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The 10 Most-Profitable Casino Towns In America, TheRichest

Gambling is something that many people try at least once in their life, and many use gambling as a regular, fun activity to do with friends. For the most extreme out there, gambling can become an addiction that takes over a big part of their lives. It is important for individuals to find what type of gambling is too much for them, and then stick with it. That being said, a little bit of gambling here and there can be a fun way to let off steam and have a great time with friends. Gambling is also a great way for companies to make money. Not only do companies make a lot of revenue off of gamblers, but state governments, in turn, can make a killing off of the taxes placed on casinos and...

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