Gaming board sets hearing on forced sale of Greektown Casino
The Michigan Gaming Control Board on Tuesday set a June 10 show-cause hearing to decide whether to order a forced sale of Greektown Casino L.L.C. because the casino isnt hitting prescribed financial goals.
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Gambling casinos info:
- 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.
- Many casinos in Nevada were financed by mobsters. Most notable perhaps was Las Vegas' Flamingo which was opened in 1947 by Bugsy Siegel.
- Riverboat Gaming Has Captured 20% of the Casino Market Share. Mississippi now has more gambling square footage than Atlantic City.
- French mathematician Blaise Pascale is often credited with inventing the roulette wheel as a result of his experiments with perpetual motion machines.
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