College sports gambling creates odd bedfellows
Sports gambling creates odd bedfellows. Witness the recent reconciliation between the NCAA and Las Vegas bookmakers. A few years ago the two groups weren’t on speaking terms as the NCAA lobbied Congress to outlaw college sports gambling in Nevada.
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Interesting gambling facts:
- Casino chips were used in the 18th century as a substitute for money being wagered. Originally, they were pieces of bones, mother of pearl or ivory engraved with the name of the casino and their respective value.
- It was during the 1930's that slot machines began to become very popular across America, and in the late 40's Bugsy Siegel added machines to his Flamingo Hilton hotel in Las Vegas.
- Riverboat Gaming Has Captured 20% of the Casino Market Share. Mississippi now has more gambling square footage than Atlantic City.
- 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.
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