Panhandle tracks reeling in losses
“We said all along our losses would be 30 to 40 percent, and this is pretty close”
Bob Marshall and Ted Arneault said all along their casinos would struggle once Pennsylvania’s slot operations started to tap into their customer bases. via Weirton Daily Times
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Casino gambling facts:
- The major differences between regular poker and video poker is that you are playing against a machine rather than real people, and your goal is to achieve particular hands rather than beat opponents hands.
- The term "turned the tables" is actually a chess term coming from the mid 1600's. When a player was losing, they would physically turn the chess table to assume the winning side of the table.
- The Gold Rush brought a huge increase in the amount and types of gambling to California. San Francisco replaced New Orleans as the center for gambling in the United States.
- Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.
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