Casino quiet on popularity of buyout offer

Niagara Casinos was not disclosing the response to its buyout program Friday, the last day for full-time employees to apply for a voluntary resignation package. Greg Medulun, a spokesman for the company that manages Niagara Fallsview Casino Resort and Casino Niagara, would not comment on how many […]

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Sat, May 17th, 2008

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Gambling history facts:

  • Lotteries were brought to America in the 1800s by the thousands of Chinese immigrants who worked in the mines and on the railroads.
  • 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.
  • Lotteries, along with their close derivative bingo, are the most popular kinds of gambling. The popularity of lottery games is not limited to state-run lotteries. Indian tribes run lotteries and illegal lotteries still exist.
  • Bingo as we know it today is a form of lottery and is a direct descendant of Lo Giuoco del Lotto d'Italia - the Italian National Lottery organized in 1530.