Century Casinos “buy,” target price reduced - update
NEW YORK, May 14 (newratings.com) - Analysts at Morgan Joseph maintain their “buy” rating on Century Casinos Inc ( CNTY.NAS ), while reducing their estimates for the company. The target price has been reduced from $12 to $11.
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Interesting gambling facts:
- Charles Fey invented the first slot machine way back in 1895. He went on to perfect his initial innovation in 1907, when he teamed with Mills Novelty Company who manufactured the "Mills Liberty Bell".
- Dog racing (a race among greyhounds who chase after a mechanical rabbit) operates in 17 states. Jai-alai (a game similar to handball) is legal in just three: Connecticut, Florida, and Rhode Island.
- In 1978, New Jersey became the second state to legalize casino gambling in an attempt to revitalize the rundown resort area of Atlantic City. The legalization was restricted only to Atlantic City.
- Baccara (Italian) or baccarat (French) both translate to "zero" in English. The importance of this name is found in the tens and face cards, both sharing the zero value.
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