Rogue trader Leeson gets…

Rogue trader Leeson gets online gambling bug www.finextra.com Nick Leeson, the rogue trader who destroyed Barings Bank by racking up $1.3bn in derivatives trading losses, has resurfaced as a professional …

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Tue, January 10th, 2006

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Interesting gambling information:

  • Blackjack originated in French casinos around the 1700's where it was called "vingt-et-un" (twenty-and-one) and has been in United States since the 1800's.
  • The major differences between regular poker and video poker is that you are playing against a machine rather than real people, and your goal is to achieve particular hands rather than beat opponents hands.
  • Poker is derived from the Persian game of "as nar" and was probably based on the dice game "tali", which was played by the Romans.
  • Many casinos in Nevada were financed by mobsters. Most notable perhaps was Las Vegas' Flamingo which was opened in 1947 by Bugsy Siegel.