Bill proposal would bring video gambling to Naples-Fort Myers Greyhound Track

The Naples-Fort Myers Greyhound Track and local property owners could both hit the jackpot. A bill approved Monday in Tallahassee by a House council would allow video gambling machines at pari-mutual betting establishments and the states portion of the profits would go to reduce property taxes.

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Tue, May 1st, 2007

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Gambling casinos info:

  • 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.
  • Nevada is the oldest and largest legalized gaming center in the United States. Gaming was legalized in Nevada in 1931 in the middle of the Great Depression as a form of economic stimulant.
  • Although baccara has its origins in medieval Italy, it soon spread to France, where it was called "chemin de fer" (meaning railway, due to the action of the card box or shoe passing around the table on "tracks").
  • Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.