Posted: Wednesday, Apr 10,2019 | Time: 06:29 am | Edited by: The Lottery Lab Staff
Casinos are fascinating places. Not only are they filled with the ringing bells and flashing lights of winners, but they are the scene of strange myths, stories, and superstitions. Even more bizzare are some of the rules and regulations surrounding casinos. From crazy rules to weird facts, casinos have them all. Please enjoy the following entertaining facts about casinos and the gambling industry-
There are a few states in America which are do not host state lotteries (or participate in Powerball or Mega Millions). These include Alabama, Alaska, Hawaii, Mississippi, Utah, Wyoming, and Nevada. Most of the states that don’t operate lotteries do so because they have strong religious backgrounds. Other states which don’t run lotteries do so because they don’t have a large enough population to support a lottery. But Nevada has large cities and allows gambling on a large scale, so why don’t they have a state lottery association? The reason is the casino industry itself! It fought tenaciously to keep the lottery out of state.
Gambling addiction is something that everyone is concerned about, even the casinos. If someone’s gambling problem is out of control, he or she can actually ban themselves from entering casinos. This ban is so strong that it effectively becomes a crime to step foot on the gaming floor. Rules vary by state but consider Ohio. They have a program called “voluntary exclusion” which allows people to ban themselves for a certain time period. The length of the ban can be for one year, five years or a lifetime. Taking the lifetime ban is a serious step because once someone is banned, there is no way to get their name off the list. It is the ultimate commitment to quitting for good!
Gambling is such a huge industry in Nevada that even the state prison used to have a casino for inmates. The casino operated for 35 long years from 1932 to 1967. Inmates were allowed to play blackjack, craps, poker, and even bet on sports. The casino was a stone building on the prison’s grounds in Carson City called “The Bullpen”. In 1967, a new warden from California shut the casino down on the basis that gambling was a “degradation” to the inmates.
Automobile mechanic Charles Fey invented the first slot machine in 1895 in San Francisco far from the casinos of the world. Fey built his machine, called the “Liberty Bell” to give his customers something to play while they waited for their cars to be fixed. The machine gained so much popularity that casinos started buying them to give gamblers something to do when the gaming tables are fully packed!
in the year was 1973 and the fledgling company FedEx was not doing so well. The founder of FedEx saved his floundering company by gambling in Vegas and earning $27,000 in Blackjack! When Frederick Smith decided to fly to Vegas in 1973 and risk it all, the company only had $5,000 in its coffers. Although Blackjack is not the ideal investment and most business advisors wouldn’t recommend it, the gamble helped Smith to save his company. Smith had always been good with Blackjack and his gamble paid off. He used his winnings to grow his company and earn its first profits in 1976 of about $11 million.
Monaco is considered as a gambler’s paradise but not for citizens of Monaco. They have to go somewhere else to play casino games. In the mid-1800s, Princess Carolina made it illegal for Monaco citizens to play in the casino. She insisted that the casinos should generate revenues from foreigners only. The good news for citizens of Monaco is that they don’t have to pay income taxes since Monaco uses the Casino money to fund the government.
Las Vegas attracts casino gamblers from around the world, but if you think that Las Vegas is the gambling capital then you are mistaken. In China, the city of Macau is the only territory where it is legal to gamble in a casino. With exclusive access to Chinese gamblers, this makes Macau the world’s largest gambling city. Macau’s casino revenues beat Vegas’s five times over in 2012. The majority of the money generated in Macau is from high rollers making huge bets at table games in V.I.P rooms, whereas Vegas casinos generate most of their money from small stake slots.
The pioneers of Las Vegas weren’t all male mobsters. The first legal casino license was issued to a woman named Mayme Stocker, owner of the Northern Club, in 1920. she opened the casino under her name because her husband didn’t want to associate with it. She was a respectable wife and a mother and was frequently associated with social events and appeared frequently on newspaper social pages. She offered only five legal games in her casino including stud poker, draw poker, lowball poker, 500 and bridge.
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