N.Y. $2 Million-a-Week Internet Sports Betting Ring Busted

Arrests were made in Manhattan, the Bronx and Westchester, along with Essex and Somerset counties in New Jersey as part of a college and professional Internet gambling bust.

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Mon, May 7th, 2007

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Casino gambling information:

  • Gambling is Often Legalized to Promote Economic Development of Depressed Areas. That was an important motivation in Las Vegas, Atlantic City, New Jersey, and many of the other locales for casinos.
  • Keno, the casino version of lotto, originated in China nearly 2000 years ago when Cheung Heung devised a lottery as a way of raising funds for his province's army.
  • French mathematician Blaise Pascale is often credited with inventing the roulette wheel as a result of his experiments with perpetual motion machines.
  • The term "turned the tables" is actually a chess term coming from the mid 1600's. When a player was losing, they would physically turn the chess table to assume the winning side of the table.