Further detail on Playtech listing
News on what is likely to be one of the biggest online gaming listings on the London AIM this year was coming in thick and fast as the week closed, with a Playtech spokesman revealing plans to sell $300 million in shares in an initial public offering now valuing the company at $950 million.
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Gambling casinos info:
- Gambling is Often Legalized to Promote Economic Development of Depressed Areas. That was an important motivation in Las Vegas, Atlantic City, New Jersey, and many of the other locales for casinos.
- In Paris, legislation prohibiting playing cards was passed in 1377, and in Italy, playing cards and dice were burned.
- 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.
- 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.
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