Gambling addicts jailed for fraud

Two men who funded a casino gambling spree from a tourist’s stolen cheque book are jailed.

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Wed, October 31st, 2007

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Gambling casinos info:

  • Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.
  • 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 current wave of legal lotteries started in New Hampshire, spread to other North-Eastern states, and then across the nation.
  • The introduction of the single zero wheel (with better odds for the player) resulted in the demise of the double zero wheels in Europe and has become known as the "French Wheel" in roulette history.