Banks see good odds in Asian casino boom

Lenders like Bank of America, Goldman Sachs Group and Deutsche Bank are competing to finance Asia’s casino boom.

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Wed, January 18th, 2006

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Gambling history facts:

  • Casino is defined by the Webster's New World Dictionary as the following: a small country house, or a building or room used for meetings, or public amusements, gaming, or a game at cards.
  • Riverboat casinos were first legalized in Iowa, then Illinois, followed closely by Missouri, Indiana, Louisiana, and Mississippi.
  • Although baccara has its origins in medieval Italy, it soon spread to France, where it was called "chemin de fer" (meaning railway, due to the action of the card box or shoe passing around the table on "tracks").
  • Casino chips were used in the 18th century as a substitute for money being wagered. Originally, they were pieces of bones, mother of pearl or ivory engraved with the name of the casino and their respective value.