State’s casino revenue drops

LAKEWOOD - Casino revenue in February dropped nearly 1 percent from the previous year, with Central City reporting a half million dollar drop, the Colorado Department of Revenue reported Monday. Adjusted gross proceeds, the amount wagered less payouts, in casinos in the three Colorado towns where limited stakes gambling is allowed, totaled $61.5 million, down from $62 million the previous

Read the rest >>

Wed, March 22nd, 2006

Related Gambling News:

Interesting gambling information:

  • 1994: On New Year's Day Frank Sinatra gives his last Las Vegas performance at the MGM Grand.
    1998: Opening of the Bellagio. With 3,026 rooms it is the largest hotel in the world, and also the most expensive - it cost $1.7 billion to build.
  • 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.
  • Although baccara has its origins in medieval Italy, it soon spread to France, where it was called "chemin de fer" (meaning railway, due to the action of the card box or shoe passing around the table on "tracks").
  • The Great Wall of China was financed, in part, by a lottery. The Bible is replete with references to drawing lots. Lot casting was a favored means of communication between man and god.