Ameristar to acquire and expand Resorts East Chicago casino

Las Vegas-based Ameristar Casinos Inc. agreed last week to buy Resorts East Chicago in northwest Indiana for $675 million in cash, its first stake in what it calls an “underserved” Chicago-area gaming market.

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Sun, April 8th, 2007

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  • The famous banker J.P. Morgan once walked out of a Monte Carlo casino because the stakes were too low? At the time, the maximum wager was 12,000 francs and Morgan wanted it increased to 20,000 francs. When the casino manager refused to increase the limit, Morgan left the casino saying "12,000 francs! I have no time to lose such ridiculous amounts."
  • The current wave of legal lotteries started in New Hampshire, spread to other North-Eastern states, and then across the nation.
  • Playing cards are believed to have been invented in China and/or India sometime around 900 A.D. The Chinese are thought to have originated card games when they began shuffling paper money (another Chinese invention) into various combinations.
  • The first recorded betting games were played with marked disks or bones (the forerunners of dice), and spinning wheels or shields.