RP casino partner files for bankruptcy Station Casinos seeking protection under Chapter 11 rules

The dismal economic scene has even hit Las Vegas where the image of pinky-ringed gamblers tossing gold coins to encourage tumbling dice and shrugging when they lose, seemed to be ever-present, is feeling the pinch. Blame the downturn on a drop in gambling revenue.

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Fri, February 13th, 2009

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Casino gambling facts:

  • The MGM Grand, situated on the a Las Vegas strip has come up with a brand new slogan to promote the casino, "Think of all the New Year's resolutions you'll break." Some say it might even rival the famous Las Vegas catchphrase, "What happens here, stays here."
  • The first airplane flight to Las Vegas was made in May, 1920, with Lieutenant Randall Henderson, editor of the Blythe, California Herald, and Jack Beckley.
  • 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.
  • 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.