Oklahoma State Univ. insures sports future

Billionaire T. Boone Pickens steers the school to insure the lives of 25 aging, wealthy donors. Expected payout: $250 million. Billionaire T. Boone Pickens is being credited with a novel some would say morbid financing plan that his fellow Oklahoma State University fans hope will lift their beloved Cowboys football team to the top of the Big 12 Conference standings. …

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Mon, March 26th, 2007

Related Sports Betting News:

Gambling casinos history:

  • Blackjack originated in French casinos around the 1700's where it was called "vingt-et-un" (twenty-and-one) and has been in United States since the 1800's.
  • The casino at Spa, a Belgian resort town noted for its mineral baths, was built by the Prince Bishop of the province of Liege in 1763.
  • U.S. News and World Report did a comparison of crime rates in cities with gambling versus those that do not. The crime rates were significantly higher in the places that allowed gambling.
  • Lotteries, along with their close derivative bingo, are the most popular kinds of gambling. The popularity of lottery games is not limited to state-run lotteries. Indian tribes run lotteries and illegal lotteries still exist.