We’re betting “yes” on the winner wears glasses

When a competition goes prime time, the gambling industry cannot be far behind, even when the participants are little kids spelling big words.

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Thu, June 1st, 2006

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Gambling history facts:

  • The El Rancho Casino & Hotel in Las Vegas was known for a few firsts. It was the first casino/resort on the Strip opening in 1941 with 63 guestrooms. It was also the first to offer a buffet. The cost of the buffet was only $1.00! The El Rancho burned down in 1960 and fortunately no one was hurt.
  • The first recorded betting games were played with marked disks or bones (the forerunners of dice), and spinning wheels or shields.
  • Legal gambling operations in Washington reported $1.7 billion in net receipts in 2005: 61 percent was reported by tribal casinos, 10 percent came from the state lottery. 2 percent of responders in a February state survey said they placed bets online.
  • By the 1370s, playing cards had reached Europe in a form that is recognizable today, with a pack consisting of 52 cards with suits of swords, polo-sticks, cups and coins.