Atlantic City casinos report biggest revenue decline

PHILADELPHIA (Reuters) — Casinos in Atlantic City reported a 19.2 percent drop in revenues in February, the sharpest annual decline in the 30-year history of gaming in New Jersey’s gambling capital, state authorities said on Tuesday.

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Tue, March 10th, 2009

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Do you know that:

  • 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.
  • Casino gambling, including Indian gaming, is legal in 27 states and most of the casinos have been built in the last 5 years according to "America's Gambling Fever", U. S. News and World Report, 15 Jan 1996
  • Video Poker machines were introduced in the 1970s, when an oil embargo had a negative impact on Vegas revenues. The machines were popular enough to spark a recovery in casino business.
  • Baccara (Italian) or baccarat (French) both translate to "zero" in English. The importance of this name is found in the tens and face cards, both sharing the zero value.