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 …

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Sun, May 11th, 2008

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Gambling history facts:

  • 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.
  • 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.
  • Baccara (Italian) or baccarat (French) both translate to "zero" in English. The importance of this name is found in the tens and face cards, both sharing the zero value.
  • 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.