Station Casinos Announces Record Second Quarter EBITDA and Increases Dividend

LAS VEGAS—-July 25, 2006–Station Casinos, Inc. today announced the results of its operations for the second quarter ended June 30, 2006 and other Company-related news.

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Tue, July 25th, 2006

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Casino gambling facts:

  • 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.
  • 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.
  • 1967: Elvis Presley marries Priscilla Anne Beaulieu on May 1 in the chapel of the Aladdin Hotel.
    1970: Binion's Horseshoe casino hosts the first World Series of Poker.
    1971: Female card dealers begin working on the Strip for the first time.
  • Gambling is Often Legalized to Promote Economic Development of Depressed Areas. That was an important motivation in Las Vegas, Atlantic City, New Jersey, and many of the other locales for casinos.