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The Chip Board Archive 03

True casino odds - Why do casinos close?

Hey Gene,

If the house hold is so strong, why do some casinos close? Why do some casinos file chapter 11 bankruptcy? I'm not trying to be flippant with these questions, but it seems to me that operating a casino should ALWAYS be a positive business proposal. If the casino always has the advantage, and they don't give all of their profits away in the form of comps, how can they lose?!?

Bob

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True casino odds - Very large scan!!
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True casino odds - Why do casinos close?
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