American billionaire Wynn opens Macau casino

MACAU: Thousands of gamblers crowded into American billionaire Stephen Wynns new $1.2bn casino resort on Wednesday in Macau the Chinese territory that may soon unseat the Las Vegas Strip as the world’s most profitable gambling capital.

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Casino gambling facts:

• Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.
• The Great Wall of China was financed, in part, by a lottery. The Bible is replete with references to drawing lots. Lot casting was a favored means of communication between man and god.
• The word Casino originally meant a public hall for music and dancing. By the second half of the 19th century, the term essentially meant a collection of gaming or gambling rooms. The classic example of a casino, is the casino at Monte-Carlo, which was opened in 1861.
• In 1980, the American Psychological Association included pathological gambling in their Diagnostic and Statistical Manual of Mental Disorders, Third Edition (DSM-III).