Littlefield Corporation Announces Formation of the Texas Association . for the Advancement of Charitable Bingo

for the Advancement of Charitable Bingo 16/05/2008 20:52:00 Business Wire Littlefield Corporation (OTCBB: LTFD) announces that it has participated with others representing approximately thirty-five (35) licensed commercial lessors in the founding of the Texas Association for the Advancement of Charitable Bingo.

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Fri, May 16th, 2008

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Gambling casinos history:

  • 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.
  • 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.
  • In 1857, Prince Charles III of Monaco decided to introduce gambling to his Mediterranean principality to boost its finances.
  • The word Casino originally meant a public hall for music and dancing. By the second half of the 19th century, the term essentially meant a collection of gaming or gambling rooms. The classic example of a casino, is the casino at Monte-Carlo, which was opened in 1861.