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Kenny Rogers, Rodney Dangerfield & Larry Holmes have something in common.

Discussion in 'Casino Industry Discussion' started by Ian_go, Jul 4, 2007.

    Jul 4, 2007
  1. Ian_go

    Ian_go Dormant account

    Occupation:
    keeping the peace
    Location:
    Canada
    They were all one time owners of Internet Casinos! :D Some of the posters here will remember Kenny's Casino. Here are some other notable happenings from the early years of online gambling.


    1995 The very first Internet casino opens it doors. It offers blackjack, roulette and craps amongst other casino games. You can play for fun, but the day you can win real money is still a little ways off.


    1996 InterCasino, the very first Internet casino that can be played for real money, opens.


    1997 - Former Pacific Exchange employees, Jay Cohen, Steve Schillinger and Haden Ware, relocate to Antigua and start World Sports Exchange, an Internet based sports book that accepts online wagers.


    1998 - April 13. Kenny Rogers, of the hit song "The Gambler," is the very first celebrity to open his own Internet casino. It's based in Curacao, a small island just off the coast of Venezuela. Rodney Dangerfield, Larry Holmes and Bubba Smith all go on to open their own web based casinos.


    1998 - The DOJ puts out arrest warrants for Cohen, Schillinger, Ware and 18 other US citizens. The US Government say the accused violated the Federal Wire Act (which prohibits wagering over phone lines, which at that time the Internet relies upon) in their roles in the illegal operation of a half dozen different Internet casinos and sports books.


    1998 14 of the charged, including Jay Cohen, turn themselves in to federal authorities in the U.S. Cohen is the only one of the group not to have charges dismissed or work a deal with the Feds. Cohen then declines a plea bargain offering no jail time, in favor of going to trial. His attorney is none other than Ben Brafman, who previously defended Salvatore "Sammy the Bull" Gravano the Mafia mobster.


    2000 Following a trial in federal court in New York, Cohen is You must register/login in order to see the link.
     

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