Fun Technologies Continues to Operate Business as Usual Following Passage of Unlawful Internet Gambling Enforcement Act

Following Saturday’s passage of the Unlawful Internet Gambling Enforcement Act (UIGEA), FUN Technologies, (TSX: FUN)(AIM: FUN), one of the world’s leading online and interactive casual games providers, announced it would continue to operate business as usual in its FUN Games and FUN Sports divisions. The legislation includes a specific allowance for fantasy sports contests, such as those offered

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Fri, October 6th, 2006

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Interesting gambling information:

  • 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.
  • As early as 1420, lotteries were used in Europe for public works. High-value commodities such as land and art were often sold through lotteries.
  • Many casinos in Nevada were financed by mobsters. Most notable perhaps was Las Vegas' Flamingo which was opened in 1947 by Bugsy Siegel.
  • 1926: Las Vegas gets a regular air service. Western Air Express flies between Las Vegas and Salt Lake City. The airfield later becomes the site for the famous Sahara and Hilton hotels.
    1931: Gambling is legalized in Nevada on March 19. Construction begins on the long awaited Hoover Dam.