Gambling Facts and Figures


Gambling Facts and Figures

Gambling has been a popular past time all over the world for decade. Both within and outside the United States many land based casinos have provided people with a place to relax, gamble and mingle. Those who enjoy this past time the most often love to learn related facts and figures.

As large entertainment complexes, casinos often cost millions if not billions of dollars to build. For example, Aria Resort & Casino in Las Vegas cost Steve Wynn roughly $5.4 billion. Much of that money was spent on the resort’s 4,004 guest rooms. To put this in perspective, that is five times the number of rooms Buckingham Palace has.

In addition to the Aria Resort & Casino, Wynn Las Vegas is another casino that cost billions of dollars to build; $2.7 billion, to be exact. As a result, a specialty cocktail purchased from the casino’s XS Nightclub can run patrons as much as $10,000.

The Bellagio Hotel & Casino in Las Vegas came with an initial price tag of $1.6 billion in construction costs. As if that wasn’t enough, in 2011 the casino was upgraded at an additional cost of $70 million. The same amount of money could be spent to travel on the Virgin Galactic for a grand total of 6,680 trips.

When The Venetian first opened in 1999 it held the record for being the most expensive casino of its time, with a cost of $1.5 billion. In addition to its 4,059 standard guest rooms, The Venetian has 4,049 suites. In comparison, that is 61 times the number of White House rooms.

On the lower end of the scale when it comes to Las Vegas casinos, Rio was built for approximately $888 million. Its main claim to fame is that the yearly World Series of Poker is hosted at Rio.

Casinos can be profitable for gamblers or can drain their finances. Some are willing to risk more than others in order to walk away rich. Ashley Revel, a citizen of Britain once sold all of his personal possessions, including clothes. He then took the money and spent it on a game of Roulette, betting $135,000 that the wheel would land on red. It paid off and he won $270,600 as a result.

Another gambler that took a huge risk wasn’t so lucky. The gambler, Archie Karas, lost an astounding $40 million. To put this in perspective, the man might as well have bought 101 Lamborghini Aventador’s and simply wrecked each and every one of them beyond repair.

The majority of gamblers in the United States flock to Las Vegas to indulge in their habit. In fact, in 2014, 39 million people visited Las Vegas. The best way to put this in perspective, 39 million people is over half the United Kingdom’s entire population of residents. These 39 billion people allowed Las Vegas to make $6.5 billion in one year.

This gambling trivia shows how far some people will go to pursue their own dreams.

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