Foxwoods Resort Casino and MGM Grand at Foxwoods Report November Slot Results

MASHANTUCKET, Conn.—-Foxwoods Resort Casino and MGM Grand at Foxwoods today reported to the Connecticut State Division of Special Revenue that the property took in $53.7 million in slot machine gaming revenue.

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Gambling history facts:

• Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.
• People earning $10,000 per year gamble more than twice as much money as people earning $30-40,000 per year. People earning $10,000 per year gamble four times as much money as those making $80,000 or more per year.
• 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 first World Series of Poker was held in downtown Las Vegas at the Horseshoe Casino back in 1970. Then owner of the Horseshoe Jack Binion, hosted the very first one and has agreed to host upcoming World Series of Poker Tournament Circuit. Jack Binion said that is purely honorary and plans on doing other types deals and events in the future.