“From the lottery to raise the funds for the founding of Jamestown, Virginia, in 1607 to the lottery used to pay the interest on Dutch loans to the United States during the Revolutionary War, the development of the United States was funded by gambling.”

Source: The Poker Face of Wall Street (2006), Chapter 4, A Brief History of Risk Denial, p. 86

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Aaron C. Brown 15
American financial analyst 1956

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