Bluhm granted casino license

Philadelphia offers major opportunity in gambling business Chicago real estate magnate Neil Bluhm has snared a license for a casino in Philadelphia, one of the more coveted opportunities in the U.S. gambling business.

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Thu, December 21st, 2006

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Do you know that:

  • If you are planning a trip to Las Vegas, be sure to take advantage of the free sights and attractions. They include - Fremont Street Experience, the Fountains of Bellagio, the Sirens of TI, Volcano at the Mirage, tiger display at the entrance of the Mirage, tour of Ethel M's Chocolate Factory, Bellagio Botanical Gardens, Masquerade Show in the Sky at the Rio, Hand of Faith at the Golden Nugget, landmark replicas at the Paris and the Venetian properties and more.
  • The Gold Rush brought a huge increase in the amount and types of gambling to California. San Francisco replaced New Orleans as the center for gambling in the United States.
  • Massachusetts decriminalized bingo in 1931 in an attempt to help churches and charitable organizations raise money. Bingo was legal in 11 states by the 1950s, usually only for charity purposes.
  • 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.