Slots suffer a New Year’s hangover

Pennsylvanias slots industry returned to earth last week after posting record-setting figures during the New Years holiday. But the numbers showed the industry continues to grow, both in total revenues and penetration by individual casinos.

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Wed, January 14th, 2009

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Interesting gambling facts:

  • Catholics were found to be more likely to gamble than Protestants and other religious groups. Catholics were also found to be less likely to disapprove of gambling than other religious groups.
  • The casino at Spa, a Belgian resort town noted for its mineral baths, was built by the Prince Bishop of the province of Liege in 1763.
  • People earning $10,000 per year gamble more than twice as much money as people earning $30-40,000 per year. People earning $10,000 per year gamble four times as much money as those making $80,000 or more per year.
  • Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.