Casinos feeling economic pinch, too

Carlos Bueno and his wife, Mayra, drove three times last year from their home in Houston to a casino in Lake Charles, La., but they won’t be making the two-hour drive this summer.

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Mon, May 12th, 2008

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Gambling history facts:

  • A nationwide survey by the U.S. Travel Industry Association found that 38% of all U.S. residents have been to Las Vegas in their lifetime. The average length of visitors' stay in Las Vegas was almost 4 days (3.7).
  • Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.
  • 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
    1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel.
  • Although the Greeks had a profound understanding of mathematics they had no concept of probability, and assumed that the outcome of games of chance was due to the will of the gods.