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Casinos often sit in areas prone to extreme weather conditions. From frequent snowstorms to scorching summer temperatures, these climate conditions can have an enormous impact on visitation trends and have an immediate effect on casino revenues. The 2019-nCoV outbreak could have short-term cash flow effects on casinos; however, its long-termContinue Reading

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These gambling legends serve as evidence that even brilliant minds can have an appetite for cards and roulette wheels. Sometimes their reputation was at stake when entering casinos; yet somehow they managed to stay afloat thanks to daring, enterprising alter egos. Gambling was popular in frontier towns, which attracted prospectorsContinue Reading

Casino game theories are developed using mathematical analysis of how players make decisions and can help developers maximize profits while limiting losses for players. But why do savvy gamblers continue playing if casinos are designed to steal their money? The answer lies within an elementary concept known as Expected ValueContinue Reading