Chips down for Asian gambling
SINGAPORE — The chips are down for Asia’s gaming sector, with high rollers and other visitors expected to stay home as the world financial crisis takes its toll.
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Gambling history facts:
- 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.
- 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.
- Nevada is the oldest and largest legalized gaming center in the United States. Gaming was legalized in Nevada in 1931 in the middle of the Great Depression as a form of economic stimulant.
- By the 18th and 19th centuries a dice game called Hazard had become popular in England and was played by the aristocracy in private gambling houses.
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