January wins decline for Nevada casinos

CARSON CITY, Nev. (AP) - The calendar rather than lucky gamblers was the big factor in a 2.1 percent decline in the January win for Nevada casinos, the state Gaming Control Board reported Friday.

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Interesting gambling information:

• 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.
• Many casinos in Nevada were financed by mobsters. Most notable perhaps was Las Vegas' Flamingo which was opened in 1947 by Bugsy Siegel.
• In 1973, the Commission on the Review of National Policy toward Gambling was created to study gambling in the United States.
• Nevada is the oldest and largest legalized gaming center in the United States. Gaming was legalized in Nevada in 1931 in the middle of the Great Depression as a form of economic stimulant.