Treasurer backs legal gambling
BOSTON - State Treasurer Timothy P. Cahill yesterday called for legalizing casino gambling in Massachusetts, saying the state could seek bids from developers and raise more than $500 million a year in payments from casinos.
Related Gambling News:
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- Church treasurer who lost thousands gambling charged with theft
- Treasurer Accused Of Stealing Bingo Money
- Treasurer ups the ante for casino gambling in Mass.: Endorses full-service gambling destination in order to compete
- Corry treasurer accused of gambling away $6,000 in city funds
- Cahill: Casino would drain state $ — Treasurer says Wampanoag ‘bingo slots’ may be illegal
- State treasurer calls Mass. casinos ‘inevitable’
- OC backs private slots
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- Ruling backs tribes’ right to operate casinos
- Chamber report backs Patrick’s casino estimates
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Interesting gambling information:
- The Great Wall of China was financed, in part, by a lottery. The Bible is replete with references to drawing lots. Lot casting was a favored means of communication between man and god.
- 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."
- The name blackjack came from an early bet (since discontinued) that paid 10 to 1 if the player got a jack of spades and an ace of spades, both black cards, as the first two cards.
- French mathematician Blaise Pascale is often credited with inventing the roulette wheel as a result of his experiments with perpetual motion machines.
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