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World-wide-web gambling brought in almost $1.75 billion via the very first 11 months of this year, and set a new month-to-month record in November. So when he purchased ten % of the shares in Riviera Hotel and Casino, a corporation primarily based in Las Vegas, Mr. Trump was needed to grant an alternative to buy the shares to his public corporation. All were hurt, recalled Mr. Perskie, the casino regulator, but none have been in the catastrophic financial shape of Mr. Trump’s. And he never ever was capable to draw in sufficient gamblers to support all of the borrowing. In the course of a decade when other casinos here thrived, Mr. Trump’s lagged, posting enormous losses year right after year.

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