$119 billion is a big number but it works out to about $400 per person, which really isn't a meaningful amount. Unfortunately, low income people lose their shirts (the good news is that our income taxes give low income people welfare checks so it may be a wash). I go to the casino and find it quite fun, but I enjoy the social element of sitting at the tables, the "free" drinks, and the atmosphere of the casino (depending on which one), but my wad (i.e. most I will gamble) is only a little more than it was many many years ago even though my income and worth is considerably higher.
Last time I went out I came out ahead $800, which is ok, but because I was having fun with my 90+ year old grandfather who really enjoys it and retired at 50.......it is fuckin priceless. Even when I have lost, it has been priceless to spend this time with my grandfather.
Go to the movies, see a show in NY, go to the tropics, go to an NFL game....it is no different, but you can't do it all.