What is the Importance of Casino with Economic Growth perspective?

The popularity of gambling in casinos throughout the United States is skyrocketing. Over the last decade, yearly industry growth rates averaged nine percent, and sales surpassed ten billion dollars (Minnesota Planning 1992). The cause of this expansion is both intense and extensive. The traditional casino gaming areas of Nevada and Atlantic City, New Jersey, have expanded enormously over the years, becoming diverse leisure complexes. Casinos on reservations and tribally held property have proven to be a successful way for Native American communities to increase their economic standing and strengthen their position as sovereign nations. Finally, within the last seven years, multiple states have allowed different types of Private Casino Gaming and other states are set to do likewise. Due to several causes, the United States may anticipate to maintain this rate of expansion.

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