So now it is clear that Monte Carlo is not Monaco, and Monaco is not Monte Carlo, no matter how inextricably their fortunes may be linked. In fact, when Prince Rainer III took the throne in 1949, one of his primary objectives was to wean Monaco from its complete dependence on Monte Carlo gaming revenues. [...]
- Posted in 05. Gambling & Casino History
Monte Carlo is not at all what most people think it is. To begin with, it is not the capital of Monaco. In fact, it is not even a town. Nor is it an ancient place, either. No Monte Carlo Grand Prix has ever been held on its streets, and contrary to the suggestive lyrics [...]
- Posted in 05. Gambling & Casino History
In casino lingo, the term “whale” refers to a gambler capable of playing at the highest stakes allowed. This is not your ordinary big-betting “high roller,” who drops a few thousand quid in a sitting. Whales are among the wealthiest men and women in the world, to whom £50,000 represents not a bankroll but a [...]
- Posted in 05. Gambling & Casino History
For centuries, the greatest minds in science, maths and engineering have examined the laws of probability, searching for ways to beat the odds. Their ultimate goal: To develop foolproof systems for winning at games of chance. This pursuit of easy money has led to some astounding strategies, from progressive betting and card counting to outright [...]
- Posted in 05. Gambling & Casino History
If anything is constant in the history of gambling, it is change, and the pace of that change just keeps getting faster. By the time a new millennium was about to begin, Las Vegas already had competition for its title from several quarters. Throughout the United States, nations of Native Americans began taking advantage of [...]
- Posted in 05. Gambling & Casino History