Licence not right Fitt

BOOKMAKER Gerry Fitt is seeking legal advice after being overlooked by Racing Victoria for one of the eight new sports betting licences. Another bookmaker to miss out was Kathryn Read.

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Fri, November 11th, 2005

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Interesting gambling facts:

  • The Gold Rush brought a huge increase in the amount and types of gambling to California. San Francisco replaced New Orleans as the center for gambling in the United States.
  • The first legal lottery in the twentieth century was the New Hampshire Sweepstakes which began on March 12, 1964. Currently 37 states and the District of Columbia operate lotteries.
  • 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.
  • Gambling is Often Legalized to Promote Economic Development of Depressed Areas. That was an important motivation in Las Vegas, Atlantic City, New Jersey, and many of the other locales for casinos.