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:
- 1905: The town of Las Vegas is founded when the San Pedro, Los Angeles and Salt Lake Railroad Company holds a land auction at the site on May 15.
1912: The Majestic - Las Vegas's very first theater - opens, featuring the best vaudeville acts and motion pictures of the time.
- Bingo as we know it today is a form of lottery and is a direct descendant of Lo Giuoco del Lotto d'Italia - the Italian National Lottery organized in 1530.
- Lotteries were brought to America in the 1800s by the thousands of Chinese immigrants who worked in the mines and on the railroads.
- Indian tribes have used their position as sovereign entities to develop a number of gaming establishments. Indian casinos operate in 22 states. This number is expected to grow.