Councilman in Court for Illegal Gambling

A member of the Metro Council appeared in a Nashville courtroom Thursday. Ludye Wallace is accused of illegal gambling. In court, the judge heard from officers who said they found Wallace in the middle of a police raid that uncovered illegal gambling.

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Thu, August 24th, 2006

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Gambling casinos info:

  • 1905: The town of Las Vegas is founded when the San Pedro, Los Angeles and Salt Lake Railroad Company holds a land auction at the site on May 15.
    1912: The Majestic - Las Vegas's very first theater - opens, featuring the best vaudeville acts and motion pictures of the time.
  • 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."
  • 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.
  • In 1857, Prince Charles III of Monaco decided to introduce gambling to his Mediterranean principality to boost its finances.