Billionaire investor Carl Icahn offers $125M of own funds to bankrupt Trump casinos
ATLANTIC CITY — Billionaire Carl Icahn’s investment company is offering to put $125 million of its own funds into Trump Entertainment Resorts Holdings, which owns three Atlantic City casinos, but Trump bondholders say there are too many strings attached, a…
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Casino gambling information:
- 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel.
- U.S. News and World Report did a comparison of crime rates in cities with gambling versus those that do not. The crime rates were significantly higher in the places that allowed gambling.
- The introduction of the single zero wheel (with better odds for the player) resulted in the demise of the double zero wheels in Europe and has become known as the "French Wheel" in roulette history.
- Dog racing (a race among greyhounds who chase after a mechanical rabbit) operates in 17 states. Jai-alai (a game similar to handball) is legal in just three: Connecticut, Florida, and Rhode Island.