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Originally Posted by EscortBiz
times are tough is vegas clubs? what club do you know people in? it sure isnt tough is the top clubs
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The Nevada Gaming Control Board released on Friday the Gaming Abstract that contains figures from all areas of the gambling industry in Nevada. The net loss for 2009 was $6.8 billion, compared to the $721 million that was won in 2008. The figures represent a drop of over 1,000 percent.
"The casino industry will certainly recover from the effects of the economic recession," said Gaming Analyst Steve Schwartz, "Although these figures make things seem bleak, casinos in Las Vegas that have survived the past year should start to see some recovery in 2010, and certainly by 2011 should be back on track."
Several casinos in Nevada, however, will never see 2011. There are bankruptcy hearings taking place, and one casino resort has just changed owners. Planet Hollywood has been bought out of bankruptcy by Harrah's Entertainments.
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