Casino Plans Sprout in US As States Seek Revenue

By: Associated Press
By: Associated Press

A growing number of Eastern states are embracing gambling as a way to lure visitors and drum up revenue.

New York's governor recently announced that he would work with a Malaysian company to develop a $4 billion convention center and casino on the outskirts of New York City.

Massachusetts passed a law in November allowing up to three casinos. Florida lawmakers are debating a bill that would allow up to three multibillion-dollar casinos.

New casinos are opening in Ohio and Maryland, too, and Pennsylvania is threatening to surpass Atlantic City as a gambling
hot spot.

States have embraced casinos as a rich new revenue source, but some experts say states should be cautious about giving up too much to lure these projects, citing growing competition for tourism
dollars.


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