Shuffle Master Shares Sink on Earnings
Shares of Shuffle Master Inc., which sells automatic card-shuffling and chip-sorting devices to casinos, tumbled Friday a day after swinging to a fiscal second-quarter loss, but analysts were confident on its long-term possibilities.
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Casino gambling information:
- 1926: Las Vegas gets a regular air service. Western Air Express flies between Las Vegas and Salt Lake City. The airfield later becomes the site for the famous Sahara and Hilton hotels.
1931: Gambling is legalized in Nevada on March 19. Construction begins on the long awaited Hoover Dam. - Horse racing is the best known and widespread parimutuel betting event. Horse racing is the only form of partimutuel wagering legal in California.
- People earning $10,000 per year gamble more than twice as much money as people earning $30-40,000 per year. People earning $10,000 per year gamble four times as much money as those making $80,000 or more per year.
- 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.
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