U.S. mogul opens casino in Chinese territory

MACAU — American gaming mogul Stephen Wynn threw open the doors of his new $1.2 billion casino to gamblers today in Macau — the Chinese territory that seeks to rival the Las Vegas Strip as the world’s epicenter for gambling.

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Wed, September 6th, 2006

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Gambling casinos info:

  • French mathematicians Pierre de Fermat and Blaise Pascal explored the mathematics of gambling, leading to the formulation of Pascal's theory of probability in 1654.
  • The first games that we would recognize as modern roulette were introduced in Paris casinos around the end of the 18th century. In the mid 19th century the single zero game was invented in France, this reduced the casino's edge thereby increasing the odds of the player.
  • 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.
  • Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.