Tribal casino could pull tax money from Iowa

A major source of Iowa gambling tax revenue is in jeopardy in the wake of a federal decision that permits a Nebraska-based Indian tribe to open a casino in Carter Lake, an Iowa community on the Nebraska border.

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Fri, January 18th, 2008

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Casino gambling facts:

  • As early as 1420, lotteries were used in Europe for public works. High-value commodities such as land and art were often sold through lotteries.
  • Casino is defined by the Webster's New World Dictionary as the following: a small country house, or a building or room used for meetings, or public amusements, gaming, or a game at cards.
  • Although the Greeks had a profound understanding of mathematics they had no concept of probability, and assumed that the outcome of games of chance was due to the will of the gods.
  • Massachusetts decriminalized bingo in 1931 in an attempt to help churches and charitable organizations raise money. Bingo was legal in 11 states by the 1950s, usually only for charity purposes.