South Korean premier regrets govt lapses vs gambling

SEOUL, South Korea — South Korea’s prime minister apologized Tuesday for administrative lapses that allowed the growth of illegal video game arcades and pledged to eradicate games that promote gambling.

Read the rest >>

Tue, August 29th, 2006

Related Gambling News:

Gambling casinos history:

  • In 1980, the American Psychological Association included pathological gambling in their Diagnostic and Statistical Manual of Mental Disorders, Third Edition (DSM-III).
  • 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.
  • Legal gambling operations in Washington reported $1.7 billion in net receipts in 2005: 61 percent was reported by tribal casinos, 10 percent came from the state lottery. 2 percent of responders in a February state survey said they placed bets online.
  • Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.