Okay who is third behind Gates and Buffet, do you know Sheldon Adelson? Bill Harrah did well by understanding America’s fascination with gaming, Adelson has done really well. Please read the article and notice just how much income is generated by just a few gamblers. This is clear in the movie Casino. But Adelson really understands it. You might say this is a great application of Managerial Accounting, where do we make our money? Note the expansion in Macao?
Check out The Palazzo.
Professor Elam 
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