Casino mogul Stephen Wynn bets on Macau
Wynn is betting that his lavish rooms and trendsetting casino, which opens Wednesday, will attract the Chinese gambling masses eager to wager the money they\’ve been raking in from the country\’s sizzling economy.
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Casino gambling facts:
- Riverboat Gaming Has Captured 20% of the Casino Market Share. Mississippi now has more gambling square footage than Atlantic City.
- 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.
- Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.
- Riverboat casinos were first legalized in Iowa, then Illinois, followed closely by Missouri, Indiana, Louisiana, and Mississippi.
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