Singapore says Genting to bid for second casino
SINGAPORE, July 31 (Reuters) - Malaysia’s Genting group on Monday formally joined the contest to build Singapore’s second casino, the Singapore Tourism Board said in a statement.
Related Gambling News:
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- SE Asia Stocks-Singapore up as Genting soars on casino win
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- Singapore Bets on Genting
- Genting quits partnership in Singapore with Stanley Ho
- Malaysia’s Genting, Stanley Ho in Macau casino tie-up
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Gambling casinos history:
- Lotteries were brought to America in the 1800s by the thousands of Chinese immigrants who worked in the mines and on the railroads.
- Las Vegas is a testament of the powerful ability of gambling to foster economic development. Because of gambling, Las Vegas has shown impressive job growth, developed into a major city with a low tax burden that many state and local governments look at with envy.
- Playing cards are believed to have been invented in China and/or India sometime around 900 A.D. The Chinese are thought to have originated card games when they began shuffling paper money (another Chinese invention) into various combinations.
- In 1857, Prince Charles III of Monaco decided to introduce gambling to his Mediterranean principality to boost its finances.
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