Betfair partners up with Softbank

Internet gambling site Betfair has announced a new strategic partnership with Softbank Corporation. The agreement will see Softbank purchase between 18% and 23% of the online sports betting exchange from parent company The Sports Exchange.

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Tue, February 28th, 2006

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Casino gambling facts:

  • In 1891, Sittman and Pitt of Brooklyn began to manufacture the first nationally known poker card machines. The machines maintained their enormous popularity until just before World War I.
  • 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
    1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel.
  • 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.
  • In Paris, legislation prohibiting playing cards was passed in 1377, and in Italy, playing cards and dice were burned.