Romanian operators face tax hike
The attempt by the Romanian Gambling Association to head off a tax hike it claims was unconstitutional failed this week when the courts ruled it out of order. According to reports in Mediafax, the government issued a decree in June 2009 arbitrarily setting the licence fee for casinos at 400,000 lei (around Euro 95 000) […]
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Interesting gambling information:
- In 1857, Prince Charles III of Monaco decided to introduce gambling to his Mediterranean principality to boost its finances.
- Massachusetts decriminalized bingo in 1931 in an attempt to help churches and charitable organizations raise money. Bingo was legal in 11 states by the 1950s, usually only for charity purposes.
- Riverboat casinos were first legalized in Iowa, then Illinois, followed closely by Missouri, Indiana, Louisiana, and Mississippi.
- 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel.