Cash Systems Reports Wider 1Q Loss

Cash Systems Inc., a provider of cash access to retailers and casinos, on Wednesday reported a wider first-quarter loss, as higher interest expenses offset revenue growth.

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Wed, May 16th, 2007

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Casino gambling facts:

  • Bingo as we know it today is a form of lottery and is a direct descendant of Lo Giuoco del Lotto d'Italia - the Italian National Lottery organized in 1530.
  • 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.
  • French mathematician Blaise Pascale is often credited with inventing the roulette wheel as a result of his experiments with perpetual motion machines.
  • Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.