Indian casinos fuel rise in gambling

Back in the early 1960s, no states ran lotteries, only one — Nevada — allowed casinos, and Indian tribes had yet to discover bingo or glitzy casino halls. Today, 42 states operate lotteries, 37 have commercial, Indian or racetrack casinos and only two — Utah and Hawaii — don’t allow any form of gambling.

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Mon, January 15th, 2007

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Interesting 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".
  • Gambling is defined by the Webster's New World Dictionary as the following: to play games of chance for money or some other stake, or to take a risk in order to gain some advantage.
  • The current wave of legal lotteries started in New Hampshire, spread to other North-Eastern states, and then across the nation.
  • 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.