NJ Budget Stalemate Could Close Atlantic City Casinos
New Jersey’s budget battle could force Atlantic City’s casinos to shutdown. State regulators meet Friday to discuss how they would temporarily suspend casino gambling.
Related Casino News:
- Atlantic City casinos close doors
- NJ casinos to close Wednesday, victims of state budget stalemate
- New Jersey Supreme Court Denies Petition to Keep Casinos Open
- Budget tilt may close casinos
- State to Close Casinos if Budget Negotiations Fail
- Atlantic City casinos ordered to close
- Atlantic City casinos close in state budget crisis
- Gaming Set To Stop At Atlantic Casinos
- Gaming Set To Stop Inside Atlantic City Casinos
- Bill allows casinos to stay open
- N.J. governor sets session on budget; casinos in peril
- Senate taking up 2nd temporary budget
Gambling casinos history:
- The El Rancho Casino & Hotel in Las Vegas was known for a few firsts. It was the first casino/resort on the Strip opening in 1941 with 63 guestrooms. It was also the first to offer a buffet. The cost of the buffet was only $1.00! The El Rancho burned down in 1960 and fortunately no one was hurt.
- Video Poker machines were introduced in the 1970s, when an oil embargo had a negative impact on Vegas revenues. The machines were popular enough to spark a recovery in casino business.
- Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.
- 1946: Two famous landmarks open: Bugsy Siegel's Flamingo, and the Golden Nugget. Nevada levies its first gaming tax.
1949: Benny Binion sets up a high-stakes poker game at his Horseshoe casino between Nick "The Greek" Dandalos and Johnny Moss. It turns into an epic five-month poker match, laying the foundations for the World Series of Poker.