With casinos on block, Trump reports smaller loss

ATLANTIC CITY — With its three New Jersey casinos being eyed by potential buyers, Trump Entertainment Resorts on Thursday said its first quarter loss shrunk, despite increasing competition from slot parlors in Pennsylvania and New York.

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Thu, May 3rd, 2007

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Interesting gambling information:

  • Las Vegas in Nevada owes its success to the mobster Benjamin "Bugsy" Siegel who organized gaming and bookmaking operations for The Mob (the Mafia).
  • The first airplane flight to Las Vegas was made in May, 1920, with Lieutenant Randall Henderson, editor of the Blythe, California Herald, and Jack Beckley.
  • It was during the 1930's that slot machines began to become very popular across America, and in the late 40's Bugsy Siegel added machines to his Flamingo Hilton hotel in Las Vegas.
  • The first legal lottery in the twentieth century was the New Hampshire Sweepstakes which began on March 12, 1964. Currently 37 states and the District of Columbia operate lotteries.