Study: Casino development to reach $4 billion

08/11/2005 |

U.S. casino development is estimated to top $4 billion in 2005, nearly 33% more than the $3 billion in 2004 and 2003, according a Hospitality Real Estate Counselors study. More than $7.1 billion of proposed casino construction is for 39 North American Indian tribe casinos, although many tribe casino plans face criticism from local residents and politicians.

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