Nevada July gambling revenue up

Casino gaming revenue in Nevada rose 8.4 percent in July from the same period last year, as gamblers extended the U.S. Independence Day holiday into a four-day weekend, the state said on Tuesday.

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Tue, September 12th, 2006

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Gambling history facts:

  • The most significant forms of illegal gambling in the United States are numbers, betting with bookmakers or bookies, and sports pools or sports cards.
  • 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."
  • Charles Fey invented the first slot machine way back in 1895. He went on to perfect his initial innovation in 1907, when he teamed with Mills Novelty Company who manufactured the "Mills Liberty Bell".
  • 1951: On September 4, Frank Sinatra makes his Vegas debut, performing in the Crystal Room at the Desert Inn.
    1959: Wayne Newton performs in Vegas for the first time, despite the fact that he is still too young to enter a casino.