S&P sees Macau casinos overtaking Las Vegas but warns of risks ahead
Credit-rating agency Standard and Poor’s has said it is bullish on Macau’s booming casinos, whose earnings would overtake those of all of Las Vegas’ gaming centres within four years. But it also warned that over-investment, competition from other
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Interesting gambling facts:
- French mathematician Blaise Pascale is often credited with inventing the roulette wheel as a result of his experiments with perpetual motion machines.
- 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.
- In 1857, Prince Charles III of Monaco decided to introduce gambling to his Mediterranean principality to boost its finances.
- Men and women tend to have different preferences in their gambling. Men are more likely to gamble in games such as blackjack and lotteries and women are more likely to engage in bingo and raffles.
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