Online gambling under attack

The racketeering and fraud case against London-based Bet OnSports PLC is being watched closely by the $12 billion online gambling industry because it represents the first time that the U.S. Department of Justice is proceeding against a gambling entity that operates exclusively outside the United States.

Read the rest >>

Sun, August 13th, 2006

Related Gambling News:

Gambling history facts:

  • The famous banker J.P. Morgan once walked out of a Monte Carlo casino because the stakes were too low? At the time, the maximum wager was 12,000 francs and Morgan wanted it increased to 20,000 francs. When the casino manager refused to increase the limit, Morgan left the casino saying "12,000 francs! I have no time to lose such ridiculous amounts."
  • Lotteries Have Been Prominent Throughout History. Ancient India, China, Greece, and Japan all had lotteries. The emperor Nero had lotteries for prizes at parties.
  • 1967: Elvis Presley marries Priscilla Anne Beaulieu on May 1 in the chapel of the Aladdin Hotel.
    1970: Binion's Horseshoe casino hosts the first World Series of Poker.
    1971: Female card dealers begin working on the Strip for the first time.
  • Gambling is defined by the Webster's New World Dictionary as the following: to play games of chance for money or some other stake, or to take a risk in order to gain some advantage.