Jones calls Nalcor investment into offshore exploration risky

The Opposition says the provincial government is gambling with tax payers money by investing $14 million in oil exploration on the West Coast and Northern Peninsula.

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Mon, August 10th, 2009

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Interesting gambling information:

  • Riverboat Gaming Has Captured 20% of the Casino Market Share. Mississippi now has more gambling square footage than Atlantic City.
  • The first games that we would recognize as modern roulette were introduced in Paris casinos around the end of the 18th century. In the mid 19th century the single zero game was invented in France, this reduced the casino's edge thereby increasing the odds of the player.
  • Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
  • The age of electronic games began in 1964 with the Nevada Electronic's solid state "21" machines. The most successful of these was the Dale Electronics' Poker-Matic, which could be found in most Nevada casinos.