Colorado Poker Bust
Posted Jan 31st 2006 6:35PM by Derek McGuire Filed under: Legal Issues Criminal charges against three Colorado poker players were recently dismissed.
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- Colorado casino revenue down 10.7 percent
- Graniteville store owner arrested after video poker machine bust
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Casino gambling facts:
- Las Vegas is a testament of the powerful ability of gambling to foster economic development. Because of gambling, Las Vegas has shown impressive job growth, developed into a major city with a low tax burden that many state and local governments look at with envy.
- Many casinos in Nevada were financed by mobsters. Most notable perhaps was Las Vegas' Flamingo which was opened in 1947 by Bugsy Siegel.
- Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.
- As early as 1420, lotteries were used in Europe for public works. High-value commodities such as land and art were often sold through lotteries.
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