Casino Sponsors Olympic Hopeful at online casino news and casinos update

A casino is planning on funding a young gymnast in his quest for Olympic training. The casino heard of the young man’s plea and came to his rescue. What do a gymnast, a casino and the Olympics game have in common?

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Sun, April 16th, 2006

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Gambling history facts:

  • In 1978, New Jersey became the second state to legalize casino gambling in an attempt to revitalize the rundown resort area of Atlantic City. The legalization was restricted only to Atlantic City.
  • 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.
  • Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.
  • 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.