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Ever since Stewart Wheeler, the founding father of IG Index, hit upon the thought of buying and selling on the value of gold and never the precise commodity itself over 30 years in the past, unfold betting has supplied entry to markets beforehand solely accessible to the establishments. Despite successful from the pandemic lately, the bicycle casino has been a golden goose, paying million and extra to a as soon as money-starved county. Teaming with Clark County leaders in hopes of floating a playing vessel throughout from downtown Louisville, the plans have been torpedoed rapidly. Voters in each Clark and Floyd counties rejected referenda to permit playing, and regulators finally awarded the coveted permit to Harrison County. Ed Feigenbaum, an authority on Indiana playing, described a Churchill takeover as “a no-brainer” and predicted a deal may simply clear state regulatory hurdles. But gaming analysts see such a purchase order as a sensible play for Churchill to cowl its flank and likewise reap the advantages of extra legalized playing choices throughout the river, beginning with the sports activities betting now establishing a foothold within the state.
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