Bookies & Bookmaking Telecommunications
The long relationship between the huge underground gambling industry and innovation in various technologies has had|
a fascinating history. Few realize how much gambling has been a major factor in the evolution of many technologies--often
as a result of its illegality. Just as many inventions over the centuries have been spawned by war and the pressure of
military competition, so, too, by competition between the gambling professional and the player and the contstant
hide-and-seek game with local and federal govenment agencies.
A 1906 vision of the future of offshore bookmaking and stock trading by means
of the airplane and the wireless telegraph "...when ocean liners are properly equipped,"
two technologies that were envisioned to meet the need of rapid data from the racetrack.
front view: Signal Receiver, MFR: Data Broadcasting Corp.
rear view: Signal Receiver, MFR: Data Broadcasting Corp.
Microwave data receiver
MFR: DataSport Inc.
|Teletracks, the first satellite-delivered, large-screen television display and wagering system for horse racing began operation in October 1979. Similar systems exist now at almost every race track and casino book in the world. In fact, the new controversial issue in telecommunications is the ease of international gambling transactions. Regulation is impossible without a major invasion of privacy, and the public policy debate is just beginning. Meanwhile, Internet-based casinos are being designed with the most advanced e-commerce software, and their proliferation throughout the world continues. (An excellent page of Website links on these topics is located at UNLV: Gaming--Selected Internet Resources)|
© 1998, 2001|
H. Layer, all rights reserved
updated April 2006