Monday, July 23, 2007

Gambling History

Gambling: Brief history

Gambling in one form or other has been evident since the ancient civilizations of Egypt, Greece and Rome, but it was not until the 17th century that formal venues began to appear specifically for the purpose of gaming, Primarily offering gambling opportunities for the nobility, early casinos opened first in the spa resorts of Europe - such as the Baden-Baden casino in Germany (1748) and the Redoute casino in Belgium (1763) and then, in the early 19th century, along the French Riviera, where gaming houses such as those at Biarritz and Deauville attracted the glitterati of the age. The casino at Monte Carlo, established in 1857 by Prince Charles of Monaco was the first to provide revenue for the state and, as such, is the model on which all modern casinos operate.

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Early venues in America, in about 1800, were centered around New Orleans, where professional gamblers, or cardsharps, would make a living working the riverboats that carried passengers up and down the Mississippi. From here, gambling practices moved west with the expansion of the railroads and led directly to the foundation of resorts such as las Vegas. The 19th century witnessed several changes in attitude towards gambling, and by the early 20th century all gaming in America has been outlawed outright. It was not until the Great Depression in the early years of the 1930s that the state of Nevada saw an opportunity to use gambling to increase revenue, and so laws were relaxed to encourage investors to build casinos were associated with corruption and Mafia racketeering, gambling has thrived to become an increasingly respectable and socially acceptable pastime.

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