IOU bank thief ‘blames himself’

A financial consultant blames only himself for his gambling funded by millions stolen from clients and a bank, a court hears.

Read the rest >>

Tue, November 8th, 2005

Related Gambling News:

Gambling casinos history:

  • Dice games have existed in one form or another for over 2000 years and were originally played with dice fashioned from the knucklebones of sheep.
  • Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
  • 1994: On New Year's Day Frank Sinatra gives his last Las Vegas performance at the MGM Grand.
    1998: Opening of the Bellagio. With 3,026 rooms it is the largest hotel in the world, and also the most expensive - it cost $1.7 billion to build.
  • Las Vegas in Nevada owes its success to the mobster Benjamin "Bugsy" Siegel who organized gaming and bookmaking operations for The Mob (the Mafia).