PartyGaming takes a gamble with 102m sports betting buy

PartyGaming, the world’s largest online gaming group, yesterday bought Gamebookers, an Antigua-based, Bulgarian-run sports betting group, for 102m (£69m) in cash, to push further into the European market.

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Gambling history facts:

• Catholics were found to be more likely to gamble than Protestants and other religious groups. Catholics were also found to be less likely to disapprove of gambling than other religious groups.
• Bingo as we know it today is a form of lottery and is a direct descendant of Lo Giuoco del Lotto d'Italia - the Italian National Lottery organized in 1530.
• Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.
• Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.