Chamber report backs Patrick’s casino estimates

BOSTON A new study of casino gambling backs up much of the economic benefit estimates Gov. Deval Patrick touts in his plan to license three resort casinos projections instrumental in earning the support of mayors across the region.

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Fri, March 7th, 2008

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Do you know that:

  • 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.
  • 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."
  • 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.
  • The second oldest casino hotel resort on the Las Vegas Strip was the Last Frontier and it opened in October of 1942. It had 105 guestrooms and the property was made to look like an old western town. The first casino hotel resort opened just 18 months earlier and was called El Rancho.