Lawmakers open to easing restrictions on online gambling
Barney Frank to use hearing to highlight headaches anti-gambling regulations have created for banks.
Related Gambling News:
- Online gambling could face legal restrictions
- New Web gambling study sought
- More Korean restrictions
- EU Probes Gambling Restrictions
- Official: Botswana Casino Act Lacks Restrictions
- Antigua Pans U.S. Gambling Rules
- Betfair fights Western Australian restrictions
- 2 from Nevada in Congress to seek new Internet gambling study
- WSJ Op-Ed Supports Easing Online Gambling Laws
- WTO Criticizes U.S. Internet Gambling Restrictions
- Gambling Opinions and Blackjack Movies
- Lawmakers disagree over defining online gambling
Casino gambling facts:
- The famous banker J.P. Morgan once walked out of a Monte Carlo casino because the stakes were too low? At the time, the maximum wager was 12,000 francs and Morgan wanted it increased to 20,000 francs. When the casino manager refused to increase the limit, Morgan left the casino saying "12,000 francs! I have no time to lose such ridiculous amounts."
- The term "turned the tables" is actually a chess term coming from the mid 1600's. When a player was losing, they would physically turn the chess table to assume the winning side of the table.
- French mathematicians Pierre de Fermat and Blaise Pascal explored the mathematics of gambling, leading to the formulation of Pascal's theory of probability in 1654.
- 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
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