State’s first casino could collect $1.5B

A jackpot billion-dollar gambling market lies in wait for a Massachusetts casino despite Connecticut’s powerhouse casinos losing profits to new rivals, experts say.

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Sat, June 30th, 2007

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Casino gambling information:

  • 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
    1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel.
  • 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.
  • It was during the 1930's that slot machines began to become very popular across America, and in the late 40's Bugsy Siegel added machines to his Flamingo Hilton hotel in Las Vegas.
  • French mathematician Blaise Pascale is often credited with inventing the roulette wheel as a result of his experiments with perpetual motion machines.