Casino gambling, including Indian gaming, is legal in 27 states and most of the casinos have been built in the last 5 years. The Gaming Sector is a Large Entertainment Industry. In 1995, gambling in the United States grossed over $40 billion in revenues.
FDIC Coverage Limits. The FDIC increased the amount of coverage on deposit accounts for banking customers in the wake of the Great Recession that began in 2007. For an individual account, the FDIC provides insurance protection up to $250,000, and each account carries this level of coverage.
It's a nice problem to have, but a problem nonetheless: Some savers have more than $250,000 in cash, the current limit for protection by the Federal Deposit Insurance Corporation. But there are easy workarounds that can provide much higher coverage: $3.5 million for a family of five, for example.