More consolidation as Ladbrokes lowers the boom on Playboy site

The trend toward industry consolidation has claimed another online gambling site, according to advisories sent out by Ladbrokes to affiliate marketing organisations last month.

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Tue, April 25th, 2006

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Gambling casinos history:

  • The famous banker J.P. Morgan once walked out of a Monte Carlo casino because the stakes were too low? At the time, the maximum wager was 12,000 francs and Morgan wanted it increased to 20,000 francs. When the casino manager refused to increase the limit, Morgan left the casino saying "12,000 francs! I have no time to lose such ridiculous amounts."
  • In 1973, the Commission on the Review of National Policy toward Gambling was created to study gambling in the United States.
  • In 1978, New Jersey became the second state to legalize casino gambling in an attempt to revitalize the rundown resort area of Atlantic City. The legalization was restricted only to Atlantic City.
  • In Cuba, during the 1950's, the blackjack shoe was first introduced. The dealers in Cuba handled the cards really well and management thought that the dealers may be being a little too good to their friends. So, to curb their suspicions, management decided to use a "dealing box" which is currently known as a shoe.