Arkansas moves closer to charitable bingo amendment

LITTLE ROCK The attorney general’s office in Arkansas has set the formal name for a proposal to let charitable organizations conduct bingo games and raffles that are currently prohibited under the state constitution.

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Tue, November 22nd, 2005

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Interesting gambling facts:

  • 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.
  • 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."
  • Many casinos in Nevada were financed by mobsters. Most notable perhaps was Las Vegas' Flamingo which was opened in 1947 by Bugsy Siegel.
  • In 1857, Prince Charles III of Monaco decided to introduce gambling to his Mediterranean principality to boost its finances.