Jury’s out on casinos as a boost to economy

In this year’s gubernatorial campaign, Democratic challenger Steve Beshear is pointing to a $500 million oasis of casino money. At the same time, Gov. Ernie Fletcher has drawn a line in the sand against expanding gambling. Beshear has spelled out few specifics, except for that $500 million, which he said would come from casinos at racetracks and perhaps three or four other locations around the …

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Mon, July 30th, 2007

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Interesting gambling facts:

  • Casino chips were used in the 18th century as a substitute for money being wagered. Originally, they were pieces of bones, mother of pearl or ivory engraved with the name of the casino and their respective value.
  • Gaming is now the States' favorite pastime. More individuals gamble than the combined total of those attending movies, sports, music events, theme parks and live entertainment.
  • Casino gambling, including Indian gaming, is legal in 27 states and most of the casinos have been built in the last 5 years according to "America's Gambling Fever", U. S. News and World Report, 15 Jan 1996
  • Riverboat casinos were first legalized in Iowa, then Illinois, followed closely by Missouri, Indiana, Louisiana, and Mississippi.