Las Vegas Sands Head Likes Macao’s Odds
Las Vegas Sands is betting big on Macao. Its 740-table Sands Macao casino opened in February, 2005, and has snagged a 23% market share. It was the first foreign casino to open after Macao ended a 40 year-old monopoly run by gambling doyen Stanley Ho. But that’s just for openers. In the fall of 2007, the Venetian Macao Resort Hotel is scheduled to open as part of a $2 billion project to open a
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Casino gambling information:
- People earning $10,000 per year gamble more than twice as much money as people earning $30-40,000 per year. People earning $10,000 per year gamble four times as much money as those making $80,000 or more per year.
- In 1911, the state of California ruled that "draw" poker was a skill, and thus could not be banned under existing anti-gambling laws. However, "Stud" poker was still considered illegal at the time.
- Originally, the double-zero wheel started in Europe and the single-zero wheel started in America. But, Europeans liked the single-zero wheel better, and Americans liked the double-zero wheel better so they switched. Today, the American wheel and double-zero wheel are synonymous.
- In 1978, New Jersey became the second state to legalize casino gambling in an attempt to revitalize the rundown resort area of Atlantic City. The legalization was restricted only to Atlantic City.
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