Branson gambling on a casino in China
Sir Richard Branson’s Virgin Group is close to finalising a deal to open a £1.5 billion casino in Macau, the southern Chinese city that has overtaken Las Vegas as the world’s largest centre for gambling
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Do you know that:
- Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
- Riverboat casinos were first legalized in Iowa, then Illinois, followed closely by Missouri, Indiana, Louisiana, and Mississippi.
- Although the Greeks had a profound understanding of mathematics they had no concept of probability, and assumed that the outcome of games of chance was due to the will of the gods.
- The name blackjack came from an early bet (since discontinued) that paid 10 to 1 if the player got a jack of spades and an ace of spades, both black cards, as the first two cards.
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