Bingo operators can take 50% cut, state official says

Bingo operators who seek a 50 percent cut of proceeds from charity games are operating within their legal rights, a state official said yesterday.

Read the rest >>

Sat, July 1st, 2006

Related Bingo News:

Gambling history facts:

  • Baccara (Italian) or baccarat (French) both translate to "zero" in English. The importance of this name is found in the tens and face cards, both sharing the zero value.
  • In Cuba, during the 1950's, the blackjack shoe was first introduced. The dealers in Cuba handled the cards really well and management thought that the dealers may be being a little too good to their friends. So, to curb their suspicions, management decided to use a "dealing box" which is currently known as a shoe.
  • 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.
  • 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.