A.C. Casinos Saw Increased Profits In 2006
Last year was a good one for Atlantic City’s casinos: gross operating profits were up and more people stayed in the casino hotels. But it also was a good year for gamblers, who raked in more freebies.
Related Casino News:
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- Blackjack Revenues Decline
- World Gaming’s profits more than double in 2004
- Two Atlantic City casinos offer buyouts to avoid layoffs
- Profits and Comps Up at N.J. Casinos
- Illinois Casinos Post Increased Revenue
- Casinos report hike in quarterly profits
- Gross profits up 15.9% at casinos
- Casinos’ gross profits decline
- Pubs and clubs hit pokie profit jackpot
- Harrah’s Q2 Profit Up on Increased Gambling
- Pennies Equal Profits For Casinos
Casino gambling information:
- Gambling is defined by the Webster's New World Dictionary as the following: to play games of chance for money or some other stake, or to take a risk in order to gain some advantage.
- In 1978, New Jersey became the second state to legalize casino gambling in an attempt to revitalize the rundown resort area of Atlantic City. The legalization was restricted only to Atlantic City.
- Dice games have existed in one form or another for over 2000 years and were originally played with dice fashioned from the knucklebones of sheep.
- Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.
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