24 Companies Seek Pennsylavia Slots Permit
By MARC LEVY Associated Press Writer Twenty-four gambling companies, American Indian tribes and developers from Cleveland to Connecticut and Philadelphia to Phoenix have applied for the 14 licenses that will be awarded by Pennsylvania to operate slot-machine gambling parlors, state officials in Harrisburg said Friday.
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Gambling history facts:
- 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.
- Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.
- The first games that we would recognize as modern roulette were introduced in Paris casinos around the end of the 18th century. In the mid 19th century the single zero game was invented in France, this reduced the casino's edge thereby increasing the odds of the player.
- People earning $10,000 per year gamble more than twice as much money as people earning $30-40,000 per year. People earning $10,000 per year gamble four times as much money as those making $80,000 or more per year.
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