Buffett Plays for Charity, Goes Broke

It took less than 45 minutes for Warren Buffett, billionaire investor and avid bridge player, to go broke in a charity poker tournament.
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Fri, December 8th, 2006

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Casino gambling facts:

  • Poker is derived from the Persian game of "as nar" and was probably based on the dice game "tali", which was played by the Romans.
  • 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.
  • Baccarat is the principal of casino card games in the United Kingdom and Europe. Blackjack is a fixture in all American casinos.
  • The casino at Spa, a Belgian resort town noted for its mineral baths, was built by the Prince Bishop of the province of Liege in 1763.