Analyst: Local Macau Casinos to Benefit from Growth

MACAU As reported by MarketWatch: “Local casinos like Galaxy Entertainment Group Ltd. (0027.HK) will be the biggest beneficiaries of growth in Macau’s high-roller market despite competition from U.S. operators, a CIMB analyst said Tuesday.

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Tue, August 15th, 2006

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Casino gambling information:

  • The first World Series of Poker was held in downtown Las Vegas at the Horseshoe Casino back in 1970. Then owner of the Horseshoe Jack Binion, hosted the very first one and has agreed to host upcoming World Series of Poker Tournament Circuit. Jack Binion said that is purely honorary and plans on doing other types deals and events in the future.
  • The Gold Rush brought a huge increase in the amount and types of gambling to California. San Francisco replaced New Orleans as the center for gambling in the United States.
  • In Paris, legislation prohibiting playing cards was passed in 1377, and in Italy, playing cards and dice were burned.
  • 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.