Macau casino firm Galaxy proposes bond yield -sources
HONG KONG, Dec 6 (Reuters) - Macau casino operator Galaxy Entertainment Group Ltd. has set an indicative yield range on its $500 million, two-part bond, market sources said on Tuesday.
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- Macau casino firm to market bond from Wed-source
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Interesting gambling information:
- In 1973, the Commission on the Review of National Policy toward Gambling was created to study gambling in the United States.
- French mathematician Blaise Pascale is often credited with inventing the roulette wheel as a result of his experiments with perpetual motion machines.
- 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.
- The word Casino originally meant a public hall for music and dancing. By the second half of the 19th century, the term essentially meant a collection of gaming or gambling rooms. The classic example of a casino, is the casino at Monte-Carlo, which was opened in 1861.
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