US Failed To Fix Rules On Gambling On Foreign Web Sites -WTO

GENEVA (AP)–The U.S. has failed to comply with a ruling that it illegally restricts Internet gambling sites based overseas, the World Trade Organization said Friday, opening the door to possible commercial sanctions unless Washington changes its rules governing online betting.

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Fri, March 30th, 2007

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Gambling history facts:

  • 1994: On New Year's Day Frank Sinatra gives his last Las Vegas performance at the MGM Grand.
    1998: Opening of the Bellagio. With 3,026 rooms it is the largest hotel in the world, and also the most expensive - it cost $1.7 billion to build.
  • Riverboat casinos were first legalized in Iowa, then Illinois, followed closely by Missouri, Indiana, Louisiana, and Mississippi.
  • Legal gambling operations in Washington reported $1.7 billion in net receipts in 2005: 61 percent was reported by tribal casinos, 10 percent came from the state lottery. 2 percent of responders in a February state survey said they placed bets online.
  • Playing cards are believed to have been invented in China and/or India sometime around 900 A.D. The Chinese are thought to have originated card games when they began shuffling paper money (another Chinese invention) into various combinations.