Goldman Sachs Expects Online Gambling To Be Legalized,
Investment bankers Goldman Sachs expect that the USA will legalise and regulate online gambling, creating a US online poker and casino market potentially worth up to USD12bn annually.
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Casino gambling facts:
- The Great Wall of China was financed, in part, by a lottery. The Bible is replete with references to drawing lots. Lot casting was a favored means of communication between man and god.
- 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.
- Casino chips were used in the 18th century as a substitute for money being wagered. Originally, they were pieces of bones, mother of pearl or ivory engraved with the name of the casino and their respective value.
- In 1857, Prince Charles III of Monaco decided to introduce gambling to his Mediterranean principality to boost its finances.
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