Fire strikes Las Vegas hotel-casino
LAS VEGAS - Fire forced guests and staff to evacuate the 3,000-room Monte Carlo Resort & Casino in Las Vegas on Friday, quickly engulfing parts of the upper floors, facade and roof before being brought under control.
There were no serious injuries in the blaze, first reported at about 11 a.m. (2 p.m. EST) in the […]
Gambling king gets a throne in record auction
HONG KONG - The king of Macau’s gambling industry, Stanley Ho, paid HK$13.76 million (US$1.76 million) for an imperial throne at auction in Hong Kong that Christie’s said was the highest ever bid in that art category.
Ho, 85, made the winning bid by telephone for the gilt-incised, five-panel, lacquer throne dating from the reign of […]
UK court dismisses claim against NBAD
Abu Dhabi: The UK Royal Courts of Justice on Monday dismissed a claim against the National Bank of Abu Dhabi (NBAD) made by Grosvenor Casinos for gambling debts incurred by a Middle East businessman.The Arab, identified as Al Reyaysa, gambled £99 million and lost over £18 million at the exclusive Clermont Club in Mayfair in […]
...read moreExperiments, events, probability spaces
The technical processes of a game stand for experiments that generate aleatory events. Here are few examples:
- Throwing the dice in craps is an experiment that generates events such as occurrences of certain numbers on the dice, obtaining a certain sum of the shown numbers, obtaining numbers with certain properties (less than a specific number, […]
Gaming mathematics
Gaming mathematics, also referred to as the mathematics of gambling, is a collection of probability applications encountered in games of chance and can be included in applied mathematics. From mathematical point of view, the games of chance are experiments generating various types of aleatory events, the probability of which can be calculated by using the […]
...read moreHistory of blackjack
Blackjack’s precursor was vingt-et-un (”twenty-one”), which originated in French casinos around 1700, and did not offer the 3:2 bonus for a two-card 21.
When 21 was first introduced in the United States it was not very popular, so gambling houses tried offering various bonus payouts to get the players to the tables. One such bonus was […]
How to play blackjack
The hand with the highest total wins as long as it doesn’t exceed 21; a hand with a higher total than 21 is said to bust or too many. Cards 2 through 10 are worth their face value, and face cards (jack, queen, king) are also worth 10. An ace’s value is 11 unless this […]
...read moreRussia: Moscow City Casinos May Close in 2009
Moscow - The flashy, neon lights of Moscow and Saint-Petersburg are expected to go out now that the State Duma has tentatively approved the creation of four gambling regions outside the two cities.The measure — establishing gambling havens in the Altai, Primorsk and Kaliningrad regions, and an area between the Rostov and Krasnodar regions — […]
...read moreElection slogan: A pox on poker machines in Australia
Sydney - Theresa Lawson rumbled when her employer found thousands of dollars in her handbag, ended up in a Sydney court pleading guilty to stealing millions to fund a 25-year gambling habit.
Lawson is one of Australia’s gambling addicts. The country has more of them per head of population than anywhere else in the world.
Her tale […]
Gambling addict sues Australian casino
Sydney - Melbourne’s Crown Casino enticed a gambling addict into losing 30 million Australian dollars (25 million US dollars) in 14 months by providing free flights in a private jet, wads of notes to get him started and a 20-per-cent rebate on losses, a court was told Tuesday.
Property developer Harry Kakavas is suing the casino […]