Tocchet pleads guilty to sports gambling charges

Former Philadelphia Flyers right-wing Rick Tocchet pleaded guilty on Friday to third-degree charges of conspiracy and promoting gambling in connection with his role in a multimillion-dollar sports betting ring.

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Sat, May 26th, 2007

Related Gambling News:

Gambling history facts:

  • 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.
  • Las Vegas is a testament of the powerful ability of gambling to foster economic development. Because of gambling, Las Vegas has shown impressive job growth, developed into a major city with a low tax burden that many state and local governments look at with envy.
  • The casino at Spa, a Belgian resort town noted for its mineral baths, was built by the Prince Bishop of the province of Liege in 1763.
  • Riverboat casinos were first legalized in Iowa, then Illinois, followed closely by Missouri, Indiana, Louisiana, and Mississippi.