Century Casinos 4Q Profit Surge 64 Pct.
Casino operator Century Casinos Inc. said Friday that its fourth-quarter profit surged 64 percent due to significantly higher casino revenue and a gain on the sale of its interest in Gauteng, South Africa.
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- Century Casinos Sells South African Casino Properties
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Casino gambling facts:
- Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.
- As early as 1420, lotteries were used in Europe for public works. High-value commodities such as land and art were often sold through lotteries.
- Although baccara has its origins in medieval Italy, it soon spread to France, where it was called "chemin de fer" (meaning railway, due to the action of the card box or shoe passing around the table on "tracks").
- Massachusetts decriminalized bingo in 1931 in an attempt to help churches and charitable organizations raise money. Bingo was legal in 11 states by the 1950s, usually only for charity purposes.
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