Senate votes to raise bets, tax on poker
“The state needs revenue. We don’t want taxes. This is an opportunity we should seize”
The bill would impose a 10 percent tax on house winnings by companies that run the games for nonprofits, when chips have actual monetary value. via UnionLeader.com
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Gambling history facts:
- The age of electronic games began in 1964 with the Nevada Electronic's solid state "21" machines. The most successful of these was the Dale Electronics' Poker-Matic, which could be found in most Nevada casinos.
- 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".
- Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
- 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.
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