However, with the increasing popularity of online gambling, there is also a growing concern about the future of this industry. With the advancement of technology, it is becoming easier for people to gamble without even leaving their homes. This has led to a decrease in revenue for traditional casinos.
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Meanwhile, it limits the number of permanent sports betting licenses for casinos, simulcast horse race tracks and mobile sportsbooks to roughly a dozen.
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The effects of inflation can be seen in part in the amount of money wagered by gamblers on things like electronic games. About $134.6 million was wagered in electronic games at Ameristar Casino in October compared to $176.6 million wagered the same month last year. At Horseshoe Casino, wagers dropped by about $30 million year over year after posting $213.2 million in October compared to $243.8 million wagered in October 2021.
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