Casino Hearings Have Officials Hopeful
A pact by Gov. Chris Christie and Senate President Stephen Sweeney to protect Atlantic City's casinos from in-state competition will undergo a test by Assembly Democrats, who plan to hold public hearings later this year to discuss the merits of bringing casino gaming to the Meadowlands.
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Gambling casinos info:
- 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.
- 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
- 1926: Las Vegas gets a regular air service. Western Air Express flies between Las Vegas and Salt Lake City. The airfield later becomes the site for the famous Sahara and Hilton hotels.
1931: Gambling is legalized in Nevada on March 19. Construction begins on the long awaited Hoover Dam.
- The famous banker J.P. Morgan once walked out of a Monte Carlo casino because the stakes were too low? At the time, the maximum wager was 12,000 francs and Morgan wanted it increased to 20,000 francs. When the casino manager refused to increase the limit, Morgan left the casino saying "12,000 francs! I have no time to lose such ridiculous amounts."