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Trade show a testament to boom in gambling

 

LAS VEGAS - From gas station scratch tickets to the smoky poker room at Foxwoods to the gaudy glitter along The Strip, gambling is as all-American as Larry King, Indiana Jones and Pamela Anderson.

It's no surprise then that all three will be working the crowds here this week at the world's largest gaming trade show, where 25,000 of the industry's faithful have gathered to exalt the power of gambling - and devise new ways to make more money off it.

Gambling has seeped into nearly all corners of American life. An evening at the slots is as nearly normal as dinner-and-a-movie, as close as a few hours' drive.

Nowhere is it easier to witness this than at the annual Global Gaming Expo, where gambling is lauded and the Beverly Hillbillies still pack them in. Here, retread celebrities pitch the latest slot machine games - Anderson and Indiana Jones are a couple of new slots this year - and talkmeister King holds forth, town meeting style, interviewing industry CEOs as if they were heads of state.

Take the poker phenomenon, which has "combined the American pastime with the American dream,"says Kathy Raymond, Foxwoods's director of poker operations, who will lead a seminar for casino executives. In the poker room, she sayd, "you've got the grandmother sitting across from the bodybuilder. People are seeing that anybody can do this."

Gambling - a $72 billion business and expanding - is now about celebrity chefs, shopping and a weekend getaway for golf and a spa treatment.

Some states still resist, but the gambler's appetite only grows.

"The vast majority of Americans view this as an acceptable activity,"says Sebastian Sinclair, who studies the industry for Christiansen Capital Advisors. "I don't expect that to change."

 

 

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