Cops Break Up Tri-State Internet Gambling Ring

Some of the metropolitan area’s biggest Internet sports gamblers weren’t able to place their bets Monday because officers arrested 18 operators and bookies and dismantled a $2 million-a-week operation, officials said. The bets — on many professional and college sports, with a $100,000 limit — had been funneled by computer to a “wire room” in Costa Rica, said Westchester District Attorney Janet …

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Mon, May 7th, 2007

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Gambling casinos info:

  • 1905: The town of Las Vegas is founded when the San Pedro, Los Angeles and Salt Lake Railroad Company holds a land auction at the site on May 15.
    1912: The Majestic - Las Vegas's very first theater - opens, featuring the best vaudeville acts and motion pictures of the time.
  • 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.
  • In 1891, Sittman and Pitt of Brooklyn began to manufacture the first nationally known poker card machines. The machines maintained their enormous popularity until just before World War I.
  • 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."