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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 lotteries.
This revenue helps pay for school, roads, and other tax-related items. The casinos built in cities can also help bring in a whole slew of new tourists and visitors, making gambling establishments a boon to the tourism market.
There are cities out there that are undoubtedly associated with gambling. No one can think of Las Vegas without thinking of all of the bright lights and casinos.
Many different factors can come into play in determining what makes a city a gambling haven. The number of casinos in the area is a major factor, as is proximity to people who are in the need of these casinos.
As well, advertising and the association of gambling with a city can play into these revenues. Here is a list of the most profitable casino markets in America, and some of the reasons why they are so profitable.
Everyone who knows partying knows about Vegas and the Vegas Strip. The Las Vegas strip is the king of gaming, boasting the most revenue from casinos in the world.
Adventure seekers from all over the world travel to Las Vegas to take part in the amazing gambling oferings and world class resorts that this town has to offer.
Atlantic City has a timeless feel to it. Before Vegas became the big player in the scene, it was all about Atlantic City.
For many based on the eastern side of the United States, Atlantic City is still the place to be. With boardwalks, beaches, the Miss America Pageant, and more, there is no wonder as to why Atlantic City is one of the top casino markets in the United States.
Chicago is home to over a dozen different casinos. This keeps the revenues high for the city of Chicago when it comes to gaming. Chicago is a great city to visit, not only for the casinos, but for the arts, culture, and much more.
The options of different casinos to visit in the Chicago area are very wide. This makes it so that the residents of Chicago have a lot of different options.
This is not only beneficial to the locals, but it is beneficial to those who are traveling through Chicago as well. Even though a major part of the economy is taking a downturn in Detroit, it looks like the gaming market is still thriving.
The fall of the auto industry has really taken a toll on the city of Detroit lately. The casino options in Detroit can serve as a temporary relief from some of this pain and agony that these individuals have to go through on a daily basis.
This is a great escape for many of the residents of Detroit who just need to get away from the economic depression that is tormenting the city of late.
Connecticut has a large casino market that is largely fueled by travelers from surrounding states such as New York, Rhode Island, and Massachusetts.
This state has many different casinos to choose from, and is close enough to New York that a very fun series of events can be planned for a vacation or weekend trip.
Traveling to Connecticut to gamble a bit, then heading over to New York could be a great way to get a bit of gaming in, and then see the sights of the big cities.
Philadelphia is a historic town that many love to come and visit. Many may not know, but it is a great place for gambling as well.
Philadelphia is also home to some of the greatest horse races as well. These race tracks in Philadelphia account for many of the gambling revenues in Philadelphia.
St Louis is a very vibrant city with an amazing economy. A large part of that economy is based on the casinos in Missouri. Many big employers keep the city alive, leaving employees searching for fun things to do on their time off.
Many large fortune companies, Edward Jones for example, run their businesses out of St. This leaves many high paid employees with extra income wondering what they should do on the weekends.
Many individuals decide to hit up some of the many casinos in the area, and that keeps the revenues very high for these St. As soon as all damages were repaired, it was back to business as usual.
It was only a matter of time before these individuals who were affected by Hurricane Katrina got back on their feet again too. They soon headed back to the casinos to find comfort and entertainment.
Gambling is also a great way to celebrate getting back to a better income. The Poconos Area in Pennsylvania is a great place for people to get away.
With the opening of a few casinos, the entertainment options are even stronger. Those looking for an escape might try the Mount Airy casino resort.
The room hotel offers a great place to stay for locals or tourists looking to have a great time at a full resort. The Mohegan Sun at Pocono Downs is also a solid choice for individuals looking to have a fun time gambling, on slots, tables, and on the race track - or just relax and enjoy the ambiance.
Tunicia and Lula Mississippi are home to some very high revenue producing casinos. These casinos draw in visitors each year from nearby cities, such as Memphis, Tennessee.
Because gambling is illegal in Tennessee, many come to visit these border towns of Tunicia and Lula in order to legally gamble. That is why this is one of the largest gambling markets in the US, spite the very small amount of individuals who live in Tunicia and Lula.
Residents of Utah will quite often travel to this border town in order to get their legal gambling fix.
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Everyone knows about Las Vegas and Atlantic City, but there are many other billion-dollar gambling destinations throughout the United States.
Vegas Strip Revenue Up 4. With gambling illegal in neighboring Tennessee and Alabama, this destination draws a lot of out-of-staters.
Resorts such as the room Mount Airy and the Mohegan Sun at Pocono Downs offer visitors an excellent opportunity to get away and enjoy the ambiance of the Poconos.
Now that the gulf coast casinos have been rebuilt after the devastation of Hurricane Katrina, visitors are once again flocking to Biloxi, Gulfport and Bay St.
Louis to get lucky. Several Fortune companies, such as Edward Jones, are headquartered in St. Louis, and many high-paid employees enjoy a bit of gambling on the weekends to blow off some steam.
Despite the economic difficulties in Detroit over the past decade, the gambling industry is still flourishing in the area.
The greater Chicago area is home to more than a dozen casinos, and with plenty of tourists and locals looking to try their luck, the money pours in.
Travelers come from all over the world to gamble in Vegas, and they have deep pockets. Benzinga does not provide investment advice. Membership is Free What are you waiting for?
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