Income Falls at Atlantic City Casinos
Net income for Atlantic City’s 12 casinos fell nearly 75 percent in the second quarter compared to a year ago, largely due to one-time effects, as revenues rose nearly 5 percent, state gambling regulators said Thursday.
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Gambling casinos info:
- 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.
- In 1911, the state of California ruled that "draw" poker was a skill, and thus could not be banned under existing anti-gambling laws. However, "Stud" poker was still considered illegal at the time.
- 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. - Catholics were found to be more likely to gamble than Protestants and other religious groups. Catholics were also found to be less likely to disapprove of gambling than other religious groups.
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