Indiana drops planned casino fees

INDIANAPOLIS Bowing to pressure from the state’s casino industry, lawmakers have nixed a plan to charge hefty fees for expansions but let casinos abandon their boats in favor of buildings constructed on permanently moored barges. The provisions had been tentatively added to a bill that would permit up to 2,000 slot machines at each of the state’s two horse tracks. The tracks must pay $250 …

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Sun, April 29th, 2007

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Gambling history facts:

  • Video Poker machines were introduced in the 1970s, when an oil embargo had a negative impact on Vegas revenues. The machines were popular enough to spark a recovery in casino business.
  • 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.
  • 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.
  • The first legal lottery in the twentieth century was the New Hampshire Sweepstakes which began on March 12, 1964. Currently 37 states and the District of Columbia operate lotteries.