Good news for legislators (and casino owners) in Mississippi. Legislators, of course, depend on tax revenue from Casinos to help balance their budgets.
Revenue was up from December 2009, although down from one year ago. So it’s kind of a good news, bad news scenario.
In January, casino revenue in Mississippi was $193.2 million. That was [...]
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Posted on February 23, 2010 by doclotto | Filed Under Advice, Atlantic City, Culture, Games
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It just blows my mind to see how state legislators, once adamantly anti gambling, are now embracing it in order to bring in much needed revenues.
Latest trend is in hard-strapped New Jersey, where a state Senate committee approved a proposed constitutional amendment to allow sports betting in Atlantic City casinos and at New Jersey racetracks, [...]
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Posted on February 9, 2010 by doclotto | Filed Under Advice, Atlantic City, Casino, Culture, Events, Games
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OK, so the big news is that revenues for U.S. casinos, combined, have declined by about 5 and a half percent.
That is a precipitous drop, I admit.
But casinos still took in almost $8 billion in revenues during the THIRD quarter alone.
It is cause for some concern amongst owners. While the economy seems to be getting [...]
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Posted on November 17, 2009 by doclotto | Filed Under Atlantic City, Casino, Stories
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If you are a frequent visitor to Atlantic City, you might already be aware of the trouble brewing between management and the unions. During the weekend, the leadership of the United Auto Workers already gave their go signal to the employees of Bally’s Atlantic City and Caesars Atlantic City – they can go on [...]
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Posted on July 21, 2009 by plato | Filed Under Atlantic City, news
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I don’t go to casinos for the booze, but hey, a little alcohol can be fun. As a general rule, however, I would much rather not drink while gambling. If you have read my previous posts, you would see that I am a firm believer in having all your wits about you when [...]
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Posted on June 17, 2009 by plato | Filed Under Atlantic City, Casino, Stories, news
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