Gambling convergence – an interesting new business model
One of the more interesting articles surfacing over the weekend was a piece from Friday’s New York Times on the development of an innovative pay-per-head […]
Source: Gambling convergence – an interesting new business model
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Gambling casinos history:
- 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.
- Dice games have existed in one form or another for over 2000 years and were originally played with dice fashioned from the knucklebones of sheep.
- Gambling is Often Legalized to Promote Economic Development of Depressed Areas. That was an important motivation in Las Vegas, Atlantic City, New Jersey, and many of the other locales for casinos.
- In Paris, legislation prohibiting playing cards was passed in 1377, and in Italy, playing cards and dice were burned.