Lobbyist: Casinos industry booms despite hurricanes
Neither rain nor regulation appears to be holding back the sprawling gambling industry, casino lobbyist Walton Chalmers told tourism officials Monday in a “state of the industry” address.
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Casino gambling information:
- In 1980, the American Psychological Association included pathological gambling in their Diagnostic and Statistical Manual of Mental Disorders, Third Edition (DSM-III).
- The second oldest casino hotel resort on the Las Vegas Strip was the Last Frontier and it opened in October of 1942. It had 105 guestrooms and the property was made to look like an old western town. The first casino hotel resort opened just 18 months earlier and was called El Rancho.
- 1994: On New Year's Day Frank Sinatra gives his last Las Vegas performance at the MGM Grand.
1998: Opening of the Bellagio. With 3,026 rooms it is the largest hotel in the world, and also the most expensive - it cost $1.7 billion to build.
- Lotteries, along with their close derivative bingo, are the most popular kinds of gambling. The popularity of lottery games is not limited to state-run lotteries. Indian tribes run lotteries and illegal lotteries still exist.