Ameristar to acquire Resorts East Chicago casino for $675 million
Las Vegas-based Ameristar Casinos Inc., saying it wants to participate in the currently “underserved” Chicago-area gambling market, said Wednesday it has agreed to pay $675 million to acquire the Resorts East Chicago casino in East Chicago, Ind.
Related Gambling News:
- Ameristar to acquire and expand Resorts East Chicago casino
- Ameristar Casinos to Acquire Resorts East Chicago
- ‘New’ East Chicago casino lays off 41 people
- Ameristar Casinos completes acquisition
- Ameristar Casinos Rebrands East Chicago Property, Renames it Ameristar Casino Hotel
- S&P Lowers Outlook on Ameristar Casinos
- What Players Can Expect from the New Resorts East Chicago
- Ameristar Casinos first-quarter profit rises
- Hammond’s Novak ready for Resorts fight
- Resorts names two to top jobs
- East Chicago non-profit sues to keep casino money
- Ameristar shares fall as analyst cuts 4Q estimate
Gambling casinos history:
- Indian tribes have used their position as sovereign entities to develop a number of gaming establishments. Indian casinos operate in 22 states. This number is expected to grow.
- The most significant forms of illegal gambling in the United States are numbers, betting with bookmakers or bookies, and sports pools or sports cards.
- Casino chips were used in the 18th century as a substitute for money being wagered. Originally, they were pieces of bones, mother of pearl or ivory engraved with the name of the casino and their respective value.
- Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.
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