World series of poker turns nobodies into stars
LAS VEGAS - The World Series of Poker creates legends and changes lives, makes instant millionaires and megastars, pits world-class rounders against online amateurs, brings together Hollywood celebrit
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Gambling history facts:
- Gambling is defined by the Webster's New World Dictionary as the following: to play games of chance for money or some other stake, or to take a risk in order to gain some advantage.
- 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.
- The famous banker J.P. Morgan once walked out of a Monte Carlo casino because the stakes were too low? At the time, the maximum wager was 12,000 francs and Morgan wanted it increased to 20,000 francs. When the casino manager refused to increase the limit, Morgan left the casino saying "12,000 francs! I have no time to lose such ridiculous amounts."
- 1926: Las Vegas gets a regular air service. Western Air Express flies between Las Vegas and Salt Lake City. The airfield later becomes the site for the famous Sahara and Hilton hotels.
1931: Gambling is legalized in Nevada on March 19. Construction begins on the long awaited Hoover Dam.
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