Gambling in the U.S.
U.S. commercial casinos are hot, ka-ching-ing up $30.3 billion in revenues last year. But will luck remain a lady for developers' expansion bets?
Casino owners are betting on black—or maybe it's green. Some $25 billion to $30 billion could be spent on new casinos and attendant stores, hotels, and residences by 2011. And don't expect all the money to go into Las Vegas or Atlantic City: New markets are opening up—Pennsylvania alone may soon award 14 casino licenses—and other areas, such as Biloxi, are going upmarket.
