Nevada Approves MGM Venture in Macau

Nevada gambling regulators signed off Friday on a partnership between two daughters of Hong Kong billionaire Stanley Ho and casino giant MGM Mirage Inc. in a Macau hotel-casino.

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Fri, March 23rd, 2007

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Interesting gambling information:

  • In 1973, the Commission on the Review of National Policy toward Gambling was created to study gambling in the United States.
  • 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.
  • 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.