Online-gambling chief freed

ST. LOUIS - David Carruthers, the former online-gambling executive, was freed on a $1 million bond yesterday after spending nearly a month behind bars after his arrest on racketeering and fraud charges.

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Thu, August 17th, 2006

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Interesting gambling information:

  • U.S. News and World Report did a comparison of crime rates in cities with gambling versus those that do not. The crime rates were significantly higher in the places that allowed gambling.
  • Riverboat casinos were first legalized in Iowa, then Illinois, followed closely by Missouri, Indiana, Louisiana, and Mississippi.
  • 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.
  • 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
    1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel.