Vegas has no betting restrictions in proposal

Local officials made no offer to restrict betting on NBA teams in their pitch for a professional basketball franchise sent to Commissioner David Stern on Thursday.

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Thu, April 5th, 2007

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Interesting gambling facts:

  • The famous banker J.P. Morgan once walked out of a Monte Carlo casino because the stakes were too low? At the time, the maximum wager was 12,000 francs and Morgan wanted it increased to 20,000 francs. When the casino manager refused to increase the limit, Morgan left the casino saying "12,000 francs! I have no time to lose such ridiculous amounts."
  • Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.
  • Legal gambling activities include state lotteries; parimutuel betting on horses, greyhounds, and jai-alai; sports book-making; card games; keno; bingo; slot machines; progressive slot machines; video poker machines; video keno machines; video blackjack machines; and video roulette machines.
  • By the 1370s, playing cards had reached Europe in a form that is recognizable today, with a pack consisting of 52 cards with suits of swords, polo-sticks, cups and coins.