Gambling and betting rackets busted, 149 held in Punjab

Jalandhar, May 2: In a special operation against betting racket (dara-satta) and gambling in the garb of lottery, the Punjab Police today arrested nearly 149 accused in four disticts of Jalandhar range.

Read the rest >>

Wed, May 2nd, 2007

Related Gambling News:

Gambling history facts:

  • 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.
  • Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.
  • Charles Fey invented the first slot machine way back in 1895. He went on to perfect his initial innovation in 1907, when he teamed with Mills Novelty Company who manufactured the "Mills Liberty Bell".
  • Baccara (Italian) or baccarat (French) both translate to "zero" in English. The importance of this name is found in the tens and face cards, both sharing the zero value.