5-Star Hotels Get Tourist-Only Casinos
Tourist-only casinos that only admit non-Korean passport holders will be allowed in all five-star hotels starting as early as July, according to a government law revision Tuesday.
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Gambling history facts:
- In 1911, the state of California ruled that "draw" poker was a skill, and thus could not be banned under existing anti-gambling laws. However, "Stud" poker was still considered illegal at the time.
- Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
- French mathematicians Pierre de Fermat and Blaise Pascal explored the mathematics of gambling, leading to the formulation of Pascal's theory of probability in 1654.
- In 1911 US legislation prohibited stud poker but ruled that draw poker was a game of skill and therefore was not illegal.