Pokertek Borrows $2 Million from ‘Family’

“We are grateful to the founders who, by putting up their own capital, have demonstrated confidence in management and PokerTek”

Automated poker table leader, PokerTek, Inc. , is anteing up its fleet of PokerPro tables as collateral for a $2 million loan from company founders and board members. via Local Tech Wire

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Fri, March 28th, 2008

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Gambling history facts:

  • The most popular form of charitable gambling is bingo. In California, bingo is the only charitable game that is legal.
  • By the 1370s, playing cards had reached Europe in a form that is recognizable today, with a pack consisting of 52 cards with suits of swords, polo-sticks, cups and coins.
  • 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".
  • 1993: Steve Wynn buys the Dune Hotel, then implodes it to make way for the Bellagio. The new MGM Grand is completed, once again becoming the world's largest hotel. On December 31, Barbra Streisand stars in the inaugural concert at the MGM Grand Garden Arena.