Goldman Sachs: US to Legalize Online Gambling
Online gambling will eventually be legalized in the United States, American investment bank Goldman Sachs predicted in a note sent to investors last week.
Related Gambling News:
- Goldman Sachs Expects Online Gambling To Be Legalized,
- Goldman Sachs’ Big Profits: Gambling With Taxpayer Money?
- International Game Technology Management to Present at the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference
- Online Gambling: The Internet’s Multi-Billion Dollar Bet
- Sector Snap: Some casinos may beat views: analyst
- Is Betfair going public?
- Analyst favors regional casinos
- Sector Snap: Regional play helps some casino cos.
- Gaming sector faces challenges in 2006
- Ahead of the Bell: Casino price targets slashed
- Banks see good odds in Asian casino boom
- Rank says bingo and casino revenue stabilising
Casino gambling facts:
- At a land-based casino, if your slot machine is malfunctioning, you won't get paid if you win the jackpot! All slot machines have this written on them but many players are not aware of this policy. The casinos have a device which lets them know if a slot machine is malfunctioning or if it's been tinkered with. Your best bet is to stop playing at it and try another.
- 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.
- The brand new resort, Wynn Las Vegas recently opened on the Las Vegas Strip. At a cost of approximately $2.7 billion, the Wynn Las Vegas features 2,700 guestrooms and suites, casino (table games, over 1900 slots/video poker machines, poker room with race and sports book), several restaurants, a night club, golf, a shopping esplanade and a show called Le Reve.
- Las Vegas in Nevada owes its success to the mobster Benjamin "Bugsy" Siegel who organized gaming and bookmaking operations for The Mob (the Mafia).
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