Party Gaming unsteady following 5 percent share sell-off by founders
Last week’s sell off of a total of some 190 million shares by the 4 founders of Party Gaming (see previous InfoPowa report) continued to make for an unsteady stock this week. The situation was exacerbated by two of the founders, Dikshit and Bhargarva stepping down from the Board. Bhargava resigned as marketing director, and Dikshit said he was stepping down from the board to focus on product development.
Related Gambling News:
- Analyst scotches Party Gaming rumour
- Party Gaming - Stock rose 6.5 percent Thursday
- Party Gaming profits down 68 percent
- Profit warning from Party Gaming sends shares into decline
- Party Gaming delivers good third quarter results
- Party Gaming shares take a dip after stock sales by founders
- Party Casino performance boosts Party Gaming results
- Party Gaming signs with affiliate fraud buster
- Party Gaming Buys EmpirePoker.com
- New subsidiary for Party Gaming
- Analysts take a brighter view of Party Gaming
- Party Gaming - Empire Online dispute settled
Gambling history facts:
- 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.
- A nationwide survey by the U.S. Travel Industry Association found that 38% of all U.S. residents have been to Las Vegas in their lifetime. The average length of visitors' stay in Las Vegas was almost 4 days (3.7).
- Riverboat casinos were first legalized in Iowa, then Illinois, followed closely by Missouri, Indiana, Louisiana, and Mississippi.
- If you are planning a trip to Las Vegas, be sure to take advantage of the free sights and attractions. They include - Fremont Street Experience, the Fountains of Bellagio, the Sirens of TI, Volcano at the Mirage, tiger display at the entrance of the Mirage, tour of Ethel M's Chocolate Factory, Bellagio Botanical Gardens, Masquerade Show in the Sky at the Rio, Hand of Faith at the Golden Nugget, landmark replicas at the Paris and the Venetian properties and more.
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