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
- Anybody’s guess about Betfair’s IPO ambitions
- 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
Interesting gambling information:
- In 1911 US legislation prohibited stud poker but ruled that draw poker was a game of skill and therefore was not illegal.
- Casino gambling, including Indian gaming, is legal in 27 states and most of the casinos have been built in the last 5 years according to "America's Gambling Fever", U. S. News and World Report, 15 Jan 1996
- Video Poker machines were introduced in the 1970s, when an oil embargo had a negative impact on Vegas revenues. The machines were popular enough to spark a recovery in casino business.
- In Cuba, during the 1950's, the blackjack shoe was first introduced. The dealers in Cuba handled the cards really well and management thought that the dealers may be being a little too good to their friends. So, to curb their suspicions, management decided to use a "dealing box" which is currently known as a shoe.
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