Aristocrat hopes to cash in
ARISTOCRAT Leisure Ltd hopes to share in the spoils of Publishing and Broadcasting Ltd’s move into Asian casinos as it continues its aggressive international expansion.
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Gambling casinos history:
- In 1973, the Commission on the Review of National Policy toward Gambling was created to study gambling in the United States.
- 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.
- 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 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.
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