French release more detail on market opening

Following his meeting on the opening up of the French gambling market last week with European Commission head Charlie McCreevy (see previous InfoPowa report), Budget Minister Eric Woerth has released more detail on the French draft proposals.

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Sat, June 7th, 2008

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Interesting gambling facts:

  • Casino chips were used in the 18th century as a substitute for money being wagered. Originally, they were pieces of bones, mother of pearl or ivory engraved with the name of the casino and their respective value.
  • As early as 1420, lotteries were used in Europe for public works. High-value commodities such as land and art were often sold through lotteries.
  • French mathematician Blaise Pascale is often credited with inventing the roulette wheel as a result of his experiments with perpetual motion machines.
  • The current wave of legal lotteries started in New Hampshire, spread to other North-Eastern states, and then across the nation.