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Nevada grants Jimmy Buffett a gambling license

Jimmy Buffett performs onstage at Jimmy Buffett & Friends: Live from the Gulf Coast Concert on July 11, 2010, in Gulf Shores, Ala. Rick Diamond

(CBS/AP) LAS VEGAS - Nevada gambling regulators have approved a gambling license that would allow singer/songwriter Jimmy Buffett to share in the gaming revenues from his Margaritaville casino in Las Vegas.

The Las Vegas Review-Journal reports the Nevada Gaming Commission unanimously approved the license with Commission chairman Peter Bernhard saying that the 65-year-old Buffet had been investigated as much as or even more than any other license applicant.

Buffett's Margaritaville casino opened in the Flamingo in Las Vegas in October. He has had a restaurant in the Flamingo for years.

Both the casino and the restaurant chain are named after one of Buffett's most popular songs.

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