All bets are off: Mass. tracks ready for bad news
Bay State racetracks are bracing for a Doomsday scenario that could result in hundreds of track workers getting pink slips during the upcoming holiday season as a key gambling bill falters on Beacon Hill….
Related Gambling and Sports Betting News:
- Poll: Majority in Mass. back slots at race tracks
- Massachusetts Town Bets on Gambling
- Tracks ask state to reconsider slot revenue
- Illinois Tracks Could See Casino Money
- On slots, backers playing both ends
- Casinos should not be limited to race tracks
- Casino owners folding on mass marketing
- Nebraska Tracks Trying to Avoid the Finish Line
- Unions Back Casino For Western Mass.
- Tax May Delay Slots at Some Pa. Tracks
- Ala.: Bingo OK’d at Some Dog Tracks
- Casinos put dog tracks on the skids Loss of revenue feared to be harming greyhounds
Casino gambling facts:
- The first recorded betting games were played with marked disks or bones (the forerunners of dice), and spinning wheels or shields.
- The brand new resort, Wynn Las Vegas recently opened on the Las Vegas Strip. At a cost of approximately $2.7 billion, the Wynn Las Vegas features 2,700 guestrooms and suites, casino (table games, over 1900 slots/video poker machines, poker room with race and sports book), several restaurants, a night club, golf, a shopping esplanade and a show called Le Reve.
- Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
- 2000: MGM Grand Inc. stages the gaming industry's largest corporate buyout with its $6 million purchase of Mirage Resorts Inc.
2005: Las Vegas celebrates one illustrious century on May 15.
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