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The Labouchere System gets its name form a minister at the service of Queen Victoria. It is said that Labouchere used this progression of numbers to defeat the roulette but it is not exactly known if it was him who invented it.

It was announced this week that the Sahara Hotel and Casino in Las Vegas will close due to low attendance. The venue, which was inaugurated in 1952, will be open until 16th May because it no longer is a profitable business. The Sahara was one of the most popular Las Vegas casinos in the 1950s and 1960s.

Trump Entertainment Resorts Inc. announced this week that the company has signed an agreement with Landry’s Inc. to sell the Trump Marina Hotel Casino in Atlantic City. Landry’s operates the Golden Nugget casinos in Nevada and purchased the Marina Casino for $38 million.