Web Casinos Becoming a Riskier Bet for Investors

Is buying a stake in an Internet casino a sucker?s bet, or the chance to buy low and score a big payday?

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Sun, August 20th, 2006

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Casino gambling facts:

  • 1941: The Strip gets its first luxury hotel. El Rancho Vegas sets the trend for many of the themed resorts that sprout along the Strip in later years.
    1942: The first wedding chapel, the Little Church of the West, opens on the Strip in the Last Frontier Hotel.
  • The major differences between regular poker and video poker is that you are playing against a machine rather than real people, and your goal is to achieve particular hands rather than beat opponents hands.
  • 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.
  • Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.