Quick Fact – Baccarat Wagers Soar


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Le Casino Municipal in Cannes, France, 1918

1929

Le Casino Municipal in Cannes, France broke its record in January for the highest amount of money (in chips) in play at a baccarat table — $1 million ($14.3 million today). “Though individual bets seldom ran over 200,000 francs or $8,000, almost every five minutes saw $50,000 change hands,” reported The New York Times (Jan. 29, 1929).

Photo from Wikimedia Commons

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