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.
FDIC insurance only covers the principal amount of the CD and any accrued interest. In some cases, CDs may be purchased on the secondary market at a price that reflects a premium to their principal value. This premium is ineligible for FDIC insurance.