THM 1113 Gambling in the U.S.

THM 1113 Gambling in the U.S. - Gambling I. Introduction...

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Gambling I. Introduction and History A. Ancient Egyptians B. Native Americans C. Colonial America D. 1931 - Legalized Gambling in Nevada E. 1961 - Wire Act F. 1964 – First State Lottery in New Hampshire G. 1970 Illegal Gambling Business Act H. 1971 – Legalized Casino Gambling in Atlantic City. I. 1988 – Indian Gaming Regulatory Act J. 1992 – The Professional and Amateur Sports Protection Act (made sports betting illegal with the exception of four states, which already approved sports betting – Nevada, Delaware, Oregon, and Montana, and with the exception of horse racing, dog racing, and jai alai) K. 2006 – Unlawful Internet Gambling Enforcement Act (Does not outlaw online gambling, but forbids financial institutions to process payments from sites that are deemed illegal) II. Economic Impact of Legalized Gambling in the U.S. – Gross Gambling Revenue $92.27 Billion in 2007 Card Rooms $1.18 billion Commercial Casinos $34.41 billion Charitable Games and Bingo $2.22 billion Indian Casinos
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This note was uploaded on 04/25/2011 for the course TOURISM & 1113 taught by Professor Shapiro during the Fall '10 term at Temple.

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THM 1113 Gambling in the U.S. - Gambling I. Introduction...

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