A few months ago, Jeff Hwang wasn’t thinking about casinos very much at all. Despite being a longtime gaming analyst and regular contributor to various gambling publications, the 39-year-old was instead putting the finishing touches on his plans for a new restaurant and coffee shop in the Arts District of downtown Las Vegas.

“On March 10, I was at City Hall with the planning commission, getting the go ahead to break ground and start building,” Hwang recalled. “The very next day,…

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