Florida Leaders Gamble On Casinos For Property Tax

Could casinos be the answer to Florida’s property tax problems? One Florida lawmaker thinks Las Vegas style gaming could help provide property tax relief, as well as funding for affordable housing.

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Thu, March 29th, 2007

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Interesting gambling facts:

  • The major differences between regular poker and video poker is that you are playing against a machine rather than real people, and your goal is to achieve particular hands rather than beat opponents hands.
  • Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.
  • 2000: MGM Grand Inc. stages the gaming industry's largest corporate buyout with its $6 million purchase of Mirage Resorts Inc.
    2005: Las Vegas celebrates one illustrious century on May 15.
  • The name of the game "Poker" likely descended from the French poque, which descended from the German pochen ("to knock"), but it is not clear whether the games named by those terms were the real origins of poker.