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> I’ve believed for a long time and continue to that the math on these businesses just doesn’t work.

Particularly for Las Vegas, the business may not be what you think it is. Vegas is, amongst other things, a global money laundrette.






Casinos are a proven business and have their highs and lows but will be fine. I’m talking specifically about betting apps. The fact that casinos have barely even entered the online space tells you all you need to know about how profitable it is

I'd argue that's because until the last few years these forms of gambling have been illegal.



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