Scientific Games A Good Bet: Analyst

Pari-mutuel betting, lotteries are seen to boost the gaming company.

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Fri, September 15th, 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.
  • Riverboat Gaming Has Captured 20% of the Casino Market Share. Mississippi now has more gambling square footage than Atlantic City.
  • The El Rancho Casino & Hotel in Las Vegas was known for a few firsts. It was the first casino/resort on the Strip opening in 1941 with 63 guestrooms. It was also the first to offer a buffet. The cost of the buffet was only $1.00! The El Rancho burned down in 1960 and fortunately no one was hurt.
  • Dice games have existed in one form or another for over 2000 years and were originally played with dice fashioned from the knucklebones of sheep.