U.S. stock futures up on rebound hopes, M&A activity

LONDON (MarketWatch) — U.S. stock futures climbed on Monday on hopes that the recovery from the recent global market sell-off can continue, with Schering-Plough in focus after agreeing to buy an overseas rival for $14.4 billion and Ford Motor Co. likely to announce the sale of a sports-car division.

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Mon, March 12th, 2007

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Gambling casinos history:

  • 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.
  • 2000: MGM Grand Inc. stages the gaming industry's largest corporate buyout with its $6 million purchase of Mirage Resorts Inc.
    2005: Las Vegas celebrates one illustrious century on May 15.
  • 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 first recorded betting games were played with marked disks or bones (the forerunners of dice), and spinning wheels or shields.