Franks bill a surprise for online gambling industry

The chairman of the House Financial Services Committee, Congressman Barney Franks has launched his much anticipated proposal to amend the Unlawful Internet Gambling Enforcement Act….and it’s not the repeal most industry people were expecting.

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Fri, April 27th, 2007

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Casino gambling information:

  • 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.
  • In 1857, Prince Charles III of Monaco decided to introduce gambling to his Mediterranean principality to boost its finances.
  • As early as 1420, lotteries were used in Europe for public works. High-value commodities such as land and art were often sold through lotteries.
  • French mathematician Blaise Pascale is often credited with inventing the roulette wheel as a result of his experiments with perpetual motion machines.