Betting and bingo continue to hold back Rank profits
LEISURE group Rank yesterday said full-year profits would be lower than last year as its Blue Square sports betting and bingo operations continued to offset growth at its Hard Rock Cafe chain.
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Do you know that:
- 1905: The town of Las Vegas is founded when the San Pedro, Los Angeles and Salt Lake Railroad Company holds a land auction at the site on May 15.
1912: The Majestic - Las Vegas's very first theater - opens, featuring the best vaudeville acts and motion pictures of the time. - It was during the 1930's that slot machines began to become very popular across America, and in the late 40's Bugsy Siegel added machines to his Flamingo Hilton hotel in Las Vegas.
- 1941: The Strip gets its first luxury hotel. El Rancho Vegas sets the trend for many of the themed resorts that sprout along the Strip in later years.
1942: The first wedding chapel, the Little Church of the West, opens on the Strip in the Last Frontier Hotel. - 2000: MGM Grand Inc. stages the gaming industry's largest corporate buyout with its $6 million purchase of Mirage Resorts Inc.
2005: Las Vegas celebrates one illustrious century on May 15.
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