Monopoly lost: Atlantic City’s rise and fall
WAYNE PARRY Associated Press ATLANTIC CITY, N.J. Four years ago, some Atlantic City casino customers were shelling out $1,000 for a brownie sprinkled with edible gold dust in a Baccarat crystal they could take home. Nowadays, some wait until 11 p.m. to eat so they can get a steak dinner for $2.99. At the beginning of 2007, Atlantic City’s 11 casinos were at the top of a wave of prosperity …
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Gambling casinos info:
- In 1978, New Jersey became the second state to legalize casino gambling in an attempt to revitalize the rundown resort area of Atlantic City. The legalization was restricted only to Atlantic City.
- Nevada is the oldest and largest legalized gaming center in the United States. Gaming was legalized in Nevada in 1931 in the middle of the Great Depression as a form of economic stimulant.
- As early as 1420, lotteries were used in Europe for public works. High-value commodities such as land and art were often sold through lotteries.
- The name of the game "Poker" likely descended from the French poque, which descended from the German pochen ("to knock"), but it is not clear whether the games named by those terms were the real origins of poker.