Quick Fact – Engendering Envy

1929 When the only types of legal gambling in Nevada were poker, five hundred, solo, whist, parimutuel betting on horse races and slot machines with restrictions, owner Eli Francovich* installed in his Wine House club in Reno a mesmerizing, colorful wheel of fortune bedecked with $1, $5, $10 and $20 bills. Because it drew more…

Quick Fact – Baccarat Wagers Soar

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…