State, consultants disagree on gamblings impact

The Rendell administration and a leading financial forecasting company it hired disagree on the degree to which casino gambling will be an economic boost for Pennsylvania.

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Tue, February 20th, 2007

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Interesting gambling facts:

  • 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.
  • Originally, the double-zero wheel started in Europe and the single-zero wheel started in America. But, Europeans liked the single-zero wheel better, and Americans liked the double-zero wheel better so they switched. Today, the American wheel and double-zero wheel are synonymous.
  • The most significant forms of illegal gambling in the United States are numbers, betting with bookmakers or bookies, and sports pools or sports cards.
  • Video Poker machines were introduced in the 1970s, when an oil embargo had a negative impact on Vegas revenues. The machines were popular enough to spark a recovery in casino business.