Casinos feeling an economic pinch, too

factors may affect kansas Kansas won’t get an industry that is immune from economic slumps when its four new casinos open in two years. Casino companies, including those bidding to build resorts in Sumner County, reported declining revenue last week. Recession worries and soaring gas prices are partly to blame, they said. “We have been seen as recession-proof, but we are all learning as an …

Read the rest >>

Sun, May 11th, 2008

Related Casino News:

Do you know that:

  • 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.
  • Nevada is the oldest and largest legalized gaming center in the United States. Gaming was legalized in Nevada in 1931 in the middle of the Great Depression as a form of economic stimulant.
  • Poker is derived from the Persian game of "as nar" and was probably based on the dice game "tali", which was played by the Romans.
  • In 1911 US legislation prohibited stud poker but ruled that draw poker was a game of skill and therefore was not illegal.