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Can owning a casino make you a millionaire?

CJ asked:


I was just curious why a lot of the rich millionaires in America and Great Britain own casino’s, can ownership of one really make you a million to multi-millionaire?

By the way I am asking it here because you guys and girls are the most helpful when it comes to a question ;>).

Thanks.

Heads Up Poker

This entry was posted on Thursday, May 14th, 2009 at 5:46 am and is filed under Las Vegas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Can owning a casino make you a millionaire?”

1. avcom on May 14th, 2009 at 11:09 pm

   Razz Strategy

   You’d have to be a millionaire first in order to open a casino, then the casino can make you a “billionaire”. Also a casino seems like a dream business for some people with a lot of money, may be it looks cool. But the initial cost for opening a casino is expensive, the building itself, the security systems, the bribe money etc. Also noted that a lot of casino owners are really real estate developers, if you look closely, most of them will also own hotels, shopping malls, condominiums, housing estates etc.

2. Breakdown on May 16th, 2009 at 8:33 pm

   Trade Barry Zito

   yea! of course

   even owning a home depot or any big store can get u around $750000
   a year if its successful

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