Betfair tax break passed
Despite opposition from the Green Party, a Tasmanian government proposal to give online betting giant Betfair a A$6 million tax break has been passed in the Lower House, thanks to support from the official Opposition Liberal Party. ABC reports that the government’s bill will reduce Betfair’s state tax contribution from nearly A$8 million to about […]
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Interesting gambling facts:
- Las Vegas in Nevada owes its success to the mobster Benjamin "Bugsy" Siegel who organized gaming and bookmaking operations for The Mob (the Mafia).
- The El Rancho Casino & Hotel in Las Vegas was known for a few firsts. It was the first casino/resort on the Strip opening in 1941 with 63 guestrooms. It was also the first to offer a buffet. The cost of the buffet was only $1.00! The El Rancho burned down in 1960 and fortunately no one was hurt.
- Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.
- The first airplane flight to Las Vegas was made in May, 1920, with Lieutenant Randall Henderson, editor of the Blythe, California Herald, and Jack Beckley.