Covington club loses bid to reduce gambling forfeiture

TROY A Miami County judge has denied the Covington Eagles’ request to reduce the amount of a $600,000 forfeiture the organization agreed to as part of a settlement of 2003 gambling charges.

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Fri, September 15th, 2006

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Interesting gambling facts:

  • Although the Greeks had a profound understanding of mathematics they had no concept of probability, and assumed that the outcome of games of chance was due to the will of the gods.
  • Many casinos in Nevada were financed by mobsters. Most notable perhaps was Las Vegas' Flamingo which was opened in 1947 by Bugsy Siegel.
  • If you have even seen a Baccarat player bend the cards and make a fold in them, don't be surprised. This is common because once the decks in the card shoe are finished in Baccarat, they are usually thrown away. In Baccarat, do not bet on a tie hand.
  • Legal gambling activities include state lotteries; parimutuel betting on horses, greyhounds, and jai-alai; sports book-making; card games; keno; bingo; slot machines; progressive slot machines; video poker machines; video keno machines; video blackjack machines; and video roulette machines.