Biloxi Casinos Report Strong Revenues
BILOXI, Mississippi As reported by the Biloxi Sun Herald: “Biloxi’s lure remains strong more than five months after casinos reopened to surprisingly strong revenues following Hurricane Katrina.
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- Harrah’s to invest more than $1 billion in two casinos in Biloxi
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Gambling casinos history:
- One of the oldest casinos in Europe, at Baden Baden in Germany, was opened in 1748 by Edouard Benazet, who employed Parisian craftsmen to design the stylish rooms.
- People earning $10,000 per year gamble more than twice as much money as people earning $30-40,000 per year. People earning $10,000 per year gamble four times as much money as those making $80,000 or more per year.
- Although the Greeks had a profound understanding of mathematics they had no concept of probability, and assumed that the outcome of games of chance was due to the will of the gods.
- Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.
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