Diamond I to Pursue Cellular-Gambling Opportunities

Diamond I, Inc., a developer of wireless gaming products, today announced its intention to pursue cellular-gambling opportunities through product offerings that embody its recently acquired patent-pending voice-recognition biometric security technology.

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Fri, March 31st, 2006

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Gambling casinos history:

  • During the 1950s, the Senate Committee to Investigate Organized Crime in Interstate Commerce held a number of hearings on criminal influence in the casino industry. The committee was chaired by Senator Estes Kefauver, and the committee is also known by his name.
  • 2000: MGM Grand Inc. stages the gaming industry's largest corporate buyout with its $6 million purchase of Mirage Resorts Inc.
    2005: Las Vegas celebrates one illustrious century on May 15.
  • Massachusetts decriminalized bingo in 1931 in an attempt to help churches and charitable organizations raise money. Bingo was legal in 11 states by the 1950s, usually only for charity purposes.
  • 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.