Singapore takes a gamble
The city-state’s opening its shores to casino gambling to attract tourists, but can it match Macau and Hong Kong?
Related Gambling News:
- Gambling bites ever younger victims in Singapore
- FACTBOX-Singapore casino bidding process
- UPDATE: Singapore Casino Tender To Be Launched Nov 15
- Singapore Ups the Ante by $1bn for Casino
- Singapore Govt Confirms Wynn’s Withdrawal From Casino Bid
- Singapore to name group to build casino in June
- Singapore drops casino revenue cap, keeps levies
- Singapore says Genting to bid for second casino
- 2nd UPDATE: Melco, PBL Withdraw Bid For Singapore Casino
- UPDATE: Singapore Prices Sentosa Casino Land At S$605M
- Genting wins bid for Singapore island casino
- Sands Says Does Not Need Singapore Ally For Casino
Gambling history facts:
- Riverboat Gaming Has Captured 20% of the Casino Market Share. Mississippi now has more gambling square footage than Atlantic City.
- The famous banker J.P. Morgan once walked out of a Monte Carlo casino because the stakes were too low? At the time, the maximum wager was 12,000 francs and Morgan wanted it increased to 20,000 francs. When the casino manager refused to increase the limit, Morgan left the casino saying "12,000 francs! I have no time to lose such ridiculous amounts."
- Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
- In Paris, legislation prohibiting playing cards was passed in 1377, and in Italy, playing cards and dice were burned.
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