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In 1998, Hilton Corporation spun off its casino properties into a brand new company initially called Park Place Entertainment. Though the 2008-2009 financial recession damage the monetary efficiency of casinos on the Las Vegas Strip, Ameristar and other regional casino operators fared better as customers opted for gaming and leisure locations nearer to residence. It has been said that financial studies displaying a constructive relationship between casinos and crime often fail to think about the visiting population: they count crimes committed by visitors but don
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