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Singapore set to overtake Vegas as second largest gambling spot

20 April 2011

SINGAPORE -- Singapore is on track to nip into second place ahead of Las Vegas, as the world's second highest earning gambling location, according to CNBC.

Singapore's two casinos have been in business only for 12 months and are predicted to achieve revenue of $6.4 billion for 2011, according to the report.

Las Vegas, meanwhile, is forecast to achieve $6.2 billion, CNBC said.

The forecasts were made by the Royal Bank of Scotland, CNBC reported.

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