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deskgameThe casino house advantage, or house edge, is the edge a casino enjoys on a game. In other words, it’s how much the casino expects to profit from that game. The house edge represents the percentage of all the money players put into a game that the casino expects to keep as profit over time.
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deskgameWhen I proposed to legalize sports betting and online gaming in New Jersey, five of Atlantic City casinos had closed and 16,000 jobs had been lost. Our racetracks at Monmouth Park and The Meadowlands were in jeopardy of closing, threatening another 5000 jobs.