Agreement reached on Ongame Acquisition

Bloombergs is now reporting the detail on arguably the biggest Internet gambling deal yet. BETandWIN.com Interactive Entertainment and Ongame e-solutions AB have agreed on the acquisition of the latter for at least 474 million euros ($570 million).

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Sat, December 17th, 2005

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Casino gambling facts:

  • 1951: On September 4, Frank Sinatra makes his Vegas debut, performing in the Crystal Room at the Desert Inn.
    1959: Wayne Newton performs in Vegas for the first time, despite the fact that he is still too young to enter a casino.
  • Gaming is now the States' favorite pastime. More individuals gamble than the combined total of those attending movies, sports, music events, theme parks and live entertainment.
  • Las Vegas is a testament of the powerful ability of gambling to foster economic development. Because of gambling, Las Vegas has shown impressive job growth, developed into a major city with a low tax burden that many state and local governments look at with envy.
  • Baccara (Italian) or baccarat (French) both translate to "zero" in English. The importance of this name is found in the tens and face cards, both sharing the zero value.