Atlantic City's casinos lost 7.4 percent in operating profits in 2011
Atlantic City recently lost its status as the nation's No. 2 casino market to Pennsylvania.
Related Casino News:
- Casinos' efforts to identify and stop compulsive gambling vary widely across the United States
- Casinos’ “win” drops 2.9 percent in Oct.
- Atlantic City Casino Gambling Revenue Falls 13 Percent in July
- “Win” figures down at Atlantic City casinos
- Las Vegas Strip, Atlantic City Casino Gambling Revenues Decline
- Atlantic Citys oldest casino brings back coins
- Atlantic City casinos revenue was down 15 percent during N.J. snow storms
- Atlantic City casinos continue to crap out
- Atlantic City Casinos Create Smoking Lounges
- Atlantic City casinos set to reopen
- Profit falls 14.1 percent at NJ casinos in 3rd quarter
- Atlantic City casinos revenue down 8.5 percent last month
Gambling casinos history:
- Dice games have existed in one form or another for over 2000 years and were originally played with dice fashioned from the knucklebones of sheep.
- In Paris, legislation prohibiting playing cards was passed in 1377, and in Italy, playing cards and dice were burned.
- In Cuba, during the 1950's, the blackjack shoe was first introduced. The dealers in Cuba handled the cards really well and management thought that the dealers may be being a little too good to their friends. So, to curb their suspicions, management decided to use a "dealing box" which is currently known as a shoe.
- Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.