U.S. gambling revenues up 5.3 percent to $34 billion in 2007
Wed, May 14, 2008 (5:42 p.m.) Americans spent more money gambling in 2007 than on movie tickets or candy, but the steady growth of commercial casinos in the past decade could take a hit next year because of a slumping economy and setbacks in building new places to play.
Related Gambling News:
- U.S. gambling revenues up 6.8 percent to $32.42 billion
- U.S. gambling revenues up 6.8 percent to $32.4 billion
- U.S. Gambling Revenues Up 6.8 Percent
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- Macau’s casino revenues continue to make record
- Global gambling revenues seen rising to $125 billion by 2010
- Bet and Win revenues up 294 percent
- Harrah’s Entertainment Reports Strong Third-Quarter Results;…
- $125 billion in industry revenues by 2015 may be stretching
- World gambling revenues to top $155 billion by 2012
- Global gambling revenues expected to rise
- World gambling revenues will reach $144 billion by 2011
Gambling history facts:
- 1941: The Strip gets its first luxury hotel. El Rancho Vegas sets the trend for many of the themed resorts that sprout along the Strip in later years.
1942: The first wedding chapel, the Little Church of the West, opens on the Strip in the Last Frontier Hotel. - When playing blackjack, always split Aces and never split 4's, 5's or Tens. You would be surprised at how many players split Tens. Why risk getting a lower hand when you already have a twenty value? Also note that at most casinos, you are not allowed to re-split Aces.
- It was during the 1930's that slot machines began to become very popular across America, and in the late 40's Bugsy Siegel added machines to his Flamingo Hilton hotel in Las Vegas.
- The first legal lottery in the twentieth century was the New Hampshire Sweepstakes which began on March 12, 1964. Currently 37 states and the District of Columbia operate lotteries.
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