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2008 National Commercial Casino & Racino Gaming Revenue Analysis

A Period of Adjustment Oops!   The giant hissing noise is the balloon of gaming that has been slowly losing air over the years.   It hasn't been a wave that has lowered all boats, however, some new and expanding gaming jurisdictions have shown strong growth in 2008 Overall, gaming revenues in the commercial and racetrack sectors (excluding Indian gaming) fell by 3.5 percent for 2008. They generated a total of 36.2 billion dollars, down $800 million since 2007.   Racinos have tempered the decline, with a gain in 2008 of nearly $1 billion. This brings the commercial sector down to $1.8 billion or 6.7%.   Nevada suffered the largest loss in 2008 with a drop of almost $1.3 billion. More than half came from the Las Vegas Strip segment. Hunkering down Casino operators were largely caught off guard by the severity of the 2008 revenue decline, which was only felt in the third and fourth quarterly periods.   In recent years, construction and expansions have been a flurry of activity as a re

Reflections of Travel to the United States

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Travel, whether it is for business or pleasure, has been an important and integral part of my entire life. Over 400 trips by road, rail and air to all corners of the world included both familiar and exotic destinations. This article is mainly about those who visited the United States. New York It was originally accessed via Floyd Bennett Field, New York's first public airport. Manhattan, as seen from the water on island-circling cruises, then from the Empire State Building, the World Trade Center, which no longer exists, and the museum, theater and restaurant arteries. The Lower-, Mid- and Upper-Hudson Valleys were accessed via Floyd Bennett Field, New York's first municipal airport. They included Bear Mountain, West Point and the Franklin D. Roosevelt National Historic Site. Also, the Old Rhinebeck Aerodrome was a vintage aircraft. The Catskill Mountains were ablaze in autumn and offered skiing at Hunter Mountain, Ski Windham and beautiful natural scenery such as Kaaterskill F