Ameristar Casinos Posts Steep Drop in 4th-Quarter Profit As Expenses Offset Revenue Growth
LAS VEGAS (AP) - Hotel and casino operator Ameristar Casinos Inc. said Wednesday its fourth-quarter profit fell by more than half, as revenue growth was offset by charges related to the opening of new facilities, acquisitions and other items.
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Gambling casinos info:
- Playing cards are believed to have been invented in China and/or India sometime around 900 A.D. The Chinese are thought to have originated card games when they began shuffling paper money (another Chinese invention) into various combinations.
- The first recorded betting games were played with marked disks or bones (the forerunners of dice), and spinning wheels or shields.
- Gambling is Often Legalized to Promote Economic Development of Depressed Areas. That was an important motivation in Las Vegas, Atlantic City, New Jersey, and many of the other locales for casinos.
- Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.
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