Proposed UIGEA regulations published

US government officials were given 270 days to produce regulations supporting the Unlawful Internet Gambling Enforcement Act when it was passed by Congress late last year. And after weeks of ‘will he, won’t he’ speculation, President George Bush signed the unpopular legislation into law on October 13, starting a train of business events that cost international companies billions of dollars and created untold hardship for employees and investors.

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Tue, October 2nd, 2007

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Do you know that:

  • In 1980, the American Psychological Association included pathological gambling in their Diagnostic and Statistical Manual of Mental Disorders, Third Edition (DSM-III).
  • One of the oldest casinos in Europe, at Baden Baden in Germany, was opened in 1748 by Edouard Benazet, who employed Parisian craftsmen to design the stylish rooms.
  • Charles Fey invented the first slot machine way back in 1895. He went on to perfect his initial innovation in 1907, when he teamed with Mills Novelty Company who manufactured the "Mills Liberty Bell".
  • Las Vegas in Nevada owes its success to the mobster Benjamin "Bugsy" Siegel who organized gaming and bookmaking operations for The Mob (the Mafia).