30 facts about gambling’s start in Atlantic City
LLEGALIZED CASINO gambling finally arrived in Atlantic City on May 26, 1978, and it was met with enthusiasm and wonder. Now, 30 years after the first legal roll of the dice at Resorts International, it is a multibillion-dollar business, awaiting the construction of several new multibillion-dollar hotel-casinos to join the 11 already there.
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Interesting gambling facts:
- 1994: On New Year's Day Frank Sinatra gives his last Las Vegas performance at the MGM Grand.
1998: Opening of the Bellagio. With 3,026 rooms it is the largest hotel in the world, and also the most expensive - it cost $1.7 billion to build. - 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.
- 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.
- 2000: MGM Grand Inc. stages the gaming industry's largest corporate buyout with its $6 million purchase of Mirage Resorts Inc.
2005: Las Vegas celebrates one illustrious century on May 15.
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