Sector Snap: Casino Stocks Mixed
Shares of casino operators were mostly lower on Monday after Trump Entertainment Resorts Inc. said it is exploring a possible sale and Isle of Capri Casinos Inc. said it will restate some financial results.
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Do you know that:
- The current wave of legal lotteries started in New Hampshire, spread to other North-Eastern states, and then across the nation.
- 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.
- The term "turned the tables" is actually a chess term coming from the mid 1600's. When a player was losing, they would physically turn the chess table to assume the winning side of the table.
- The most significant forms of illegal gambling in the United States are numbers, betting with bookmakers or bookies, and sports pools or sports cards.