ATLANTIC CITY: Resorts casino struggling because it never adapted to changing times
ATLANTIC CITY — When Resorts Atlantic City opened its doors in 1978, the Bee Gees’ “Stayin’ Alive” was the top song in America. Seemingly still stuck in that era 31 years later, New Jersey’s first casino may have trouble staying alive in the harsh climate of modern-day Atlantic City.
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Interesting gambling information:
- Charles Fey invented the first slot machine way back in 1895. He went on to perfect his initial innovation in 1907, when he teamed with Mills Novelty Company who manufactured the "Mills Liberty Bell".
- During the 1950s, the Senate Committee to Investigate Organized Crime in Interstate Commerce held a number of hearings on criminal influence in the casino industry. The committee was chaired by Senator Estes Kefauver, and the committee is also known by his name.
- Baccarat is the principal of casino card games in the United Kingdom and Europe. Blackjack is a fixture in all American casinos.
- Riverboat Gaming Has Captured 20% of the Casino Market Share. Mississippi now has more gambling square footage than Atlantic City.
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