Maryland Jockey Club backs slots referendum
The Maryland Jockey Club threw its support Thursday behind a proposal to legalize slot machine gambling, a plan that would raise $100 million annually to help subsidize the states struggling horse racing industry. (MECA)
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Interesting gambling information:
- 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel. - It was during the 1930's that slot machines began to become very popular across America, and in the late 40's Bugsy Siegel added machines to his Flamingo Hilton hotel in Las Vegas.
- The current wave of legal lotteries started in New Hampshire, spread to other North-Eastern states, and then across the nation.
- Gambling is Often Legalized to Promote Economic Development of Depressed Areas. That was an important motivation in Las Vegas, Atlantic City, New Jersey, and many of the other locales for casinos.
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