Betting On Betting: Push To Legalize Slots, Video Poker Begins Anew

A story in the Louisville Courier-Journal notes that the push officially has begun to legalize slots and video poker machines at bars, restaurants and fraternal organization lodges: “A 2003 study for the bar …
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Tue, January 9th, 2007

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Casino gambling facts:

  • 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".
  • Riverboat Gaming Has Captured 20% of the Casino Market Share. Mississippi now has more gambling square footage than Atlantic City.
  • The introduction of the single zero wheel (with better odds for the player) resulted in the demise of the double zero wheels in Europe and has become known as the "French Wheel" in roulette history.
  • French mathematicians Pierre de Fermat and Blaise Pascal explored the mathematics of gambling, leading to the formulation of Pascal's theory of probability in 1654.