2nd UPDATE: Melco, PBL Withdraw Bid For Singapore Casino

2nd UPDATE: Melco, PBL Withdraw Bid For Singapore Casino (Updates with comments from analysts, Singapore Tourism Board.) SINGAPORE/HONG KONG (Dow Jones)–Melco International Development Ltd. (0200.HK) and Publishing & Broadcasting Ltd. (PBL.AU) Tuesday abandoned their joint bid to build Singapore’s first casino resort, narrowing the contest to just four consortiums. “After carefully examining all

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Tue, January 3rd, 2006

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Interesting gambling facts:

  • At land-based casinos, both the player and the boxman need to be on the lookout for crooked dice in the game of craps. Each number when added together with the number on the side opposite it, will add up to 7. For example, 6 is opposite to 1. When the dice are crooked, they do not add up to 7.
  • Lotteries were brought to America in the 1800s by the thousands of Chinese immigrants who worked in the mines and on the railroads.
  • Gambling is Often Legalized to Promote Economic Development of Depressed Areas. That was an important motivation in Las Vegas, Atlantic City, New Jersey, and many of the other locales for casinos.
  • Blackjack originated in French casinos around the 1700's where it was called "vingt-et-un" (twenty-and-one) and has been in United States since the 1800's.