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How can casinos go bankrupt when they have a mathematical edge over players?

Atlantic City’s $2.4 billion Revel Casino had a strict mathematical edge over every player on its floor. Less than a year after opening, it was bankrupt. The math built into casino games guarant…
 

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How can casinos go bankrupt when they have a mathematical edge over players?

Atlantic City’s $2.4 billion Revel Casino had a strict mathematical edge over every player on its floor. Less than a year after opening, it ...

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