For much of the 20th century whenever a discussion arose about which city was the gambling capital of the world, there was only one answer – Las Vegas. Sure, some might mention Atlantic City as a popular place to play a hand of blackjack or to place a bet on the roulette table, but realistically, New Jersey, which is famous for its boardwalk, couldn't compete.

However, times have changed. While Las Vegas is still a major attraction, when it comes to gaming revenues, other locations have eclipsed it, and things are not what they once were. Its strip is not as impressive when compared to oth...