Revenues Fall at Most Atlantic City Casinos
Only three casinos in Atlantic City, the gambling resort which for years has known nothing but growth, reported increasing revenue for the year.
Related Casino News:
- 2012 revenues weak for Atlantic City
- Casino revenues fall at MotorCity, Greektown; MGM gains
- Tough times continue at Atlantic City casinos
- Atlantic City gambling revenues marginally improved
- Atlantic City casinos trim booking budgets as revenues fall
- Atlantic City revenues down again
- A.C. casino revenues fall 7.8 percent in November
- Atlantic City revenues up in December
- Atlantic City revenues down by 10 percent in April
- Atlantic City gambling revenues decline 12.5 percent
- Bus-borne gamblers find quieter Atlantic City casinos
- Atlantic City casino revenues fall 7.8 pct in Nov.
Interesting gambling facts:
- Blackjack originated in French casinos around the 1700's where it was called "vingt-et-un" (twenty-and-one) and has been in United States since the 1800's.
- Legal gambling operations in Washington reported $1.7 billion in net receipts in 2005: 61 percent was reported by tribal casinos, 10 percent came from the state lottery. 2 percent of responders in a February state survey said they placed bets online.
- In 1891, Sittman and Pitt of Brooklyn began to manufacture the first nationally known poker card machines. The machines maintained their enormous popularity until just before World War I.
- 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.