Bank of England ‘gambling with cut and quantitative easing’
The Bank of England has made a leap in the dark and is gambling its latest interest rate cut and the injection of £75 billion in new money into the economy will kick-start lending and spending, a senior economist said today.
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- Excessive pay fuels City gambling, says Mervyn King
- Bank worker accused of taking nearly RM550,000 to pay off gambling debts
- Police: Gambling debt led Madison County woman to bank robbery
- Bank Donates To Charity Robbed At S.F. Bingo Hall
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- Man Holds Up Bank to Pay for Online Gambling
Casino gambling information:
- The first recorded betting games were played with marked disks or bones (the forerunners of dice), and spinning wheels or shields.
- In 1911, the state of California ruled that "draw" poker was a skill, and thus could not be banned under existing anti-gambling laws. However, "Stud" poker was still considered illegal at the time.
- In Paris, legislation prohibiting playing cards was passed in 1377, and in Italy, playing cards and dice were burned.
- In 1978, New Jersey became the second state to legalize casino gambling in an attempt to revitalize the rundown resort area of Atlantic City. The legalization was restricted only to Atlantic City.
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