Central City approves new gambling regulations

CENTRAL CITY - Residents in the small gambling town of Central City have approved new gaming rules for casinos.

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Tue, January 20th, 2009

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Casino gambling information:

  • The most popular forms of illegal games are "numbers", which is essentially a lottery, and betting with bookies, typically sports betting.
  • 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.
  • In Paris, legislation prohibiting playing cards was passed in 1377, and in Italy, playing cards and dice were burned.
  • The famous banker J.P. Morgan once walked out of a Monte Carlo casino because the stakes were too low? At the time, the maximum wager was 12,000 francs and Morgan wanted it increased to 20,000 francs. When the casino manager refused to increase the limit, Morgan left the casino saying "12,000 francs! I have no time to lose such ridiculous amounts."