Stanley Leisure: Casino Attendance Up

Casino operator Stanley Leisure PLC, which received a 639 million pound takeover offer this week, said Thursday that attendance at its casinos has been strong but losses to big winners are cutting into its profit margin.

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Thu, September 14th, 2006

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Gambling history facts:

  • Horse racing is the best known and widespread parimutuel betting event. Horse racing is the only form of partimutuel wagering legal in California.
  • 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.
  • The first recorded betting games were played with marked disks or bones (the forerunners of dice), and spinning wheels or shields.
  • Massachusetts decriminalized bingo in 1931 in an attempt to help churches and charitable organizations raise money. Bingo was legal in 11 states by the 1950s, usually only for charity purposes.