Sports betting is no long shot

Legal sports betting is coming to the eastern U.S. and possibly quickly. It’s time for Canada and specifically Ontario to decide whether it wishes to reap hundreds of millions of dollars in revenue, or simply watch other jurisdictions make the money.

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Sun, February 8th, 2009

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Casino gambling facts:

  • Men and women tend to have different preferences in their gambling. Men are more likely to gamble in games such as blackjack and lotteries and women are more likely to engage in bingo and raffles.
  • Although the Greeks had a profound understanding of mathematics they had no concept of probability, and assumed that the outcome of games of chance was due to the will of the gods.
  • The brand new resort, Wynn Las Vegas recently opened on the Las Vegas Strip. At a cost of approximately $2.7 billion, the Wynn Las Vegas features 2,700 guestrooms and suites, casino (table games, over 1900 slots/video poker machines, poker room with race and sports book), several restaurants, a night club, golf, a shopping esplanade and a show called Le Reve.
  • 1946: Two famous landmarks open: Bugsy Siegel's Flamingo, and the Golden Nugget. Nevada levies its first gaming tax.
    1949: Benny Binion sets up a high-stakes poker game at his Horseshoe casino between Nick "The Greek" Dandalos and Johnny Moss. It turns into an epic five-month poker match, laying the foundations for the World Series of Poker.