A.C. casinos had role in nabbing ex-Treasury worker who stole $100 bills

A former Treasury Department employee admitted today that he stole more than $67,000 in uncut sheets of $100 bills and tried to launder the money through casino slot machines. David C. Faison was caught after casinos in Atlantic City, N.J., West Virginia and Delaware noticed $100 bills that did not contain government seals or serial numbers. Surveillance video showed him feeding bills into slot

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Wed, September 6th, 2006

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Interesting gambling facts:

  • Many casinos in Nevada were financed by mobsters. Most notable perhaps was Las Vegas' Flamingo which was opened in 1947 by Bugsy Siegel.
  • Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
  • The age of electronic games began in 1964 with the Nevada Electronic's solid state "21" machines. The most successful of these was the Dale Electronics' Poker-Matic, which could be found in most Nevada casinos.
  • 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.