Tabcorp withdraws from takeover bid
GAMING giant Tabcorp Holdings Ltd today withdrew its $1.9 billion takeover offer for Unitab Ltd, clearing the way for Tattersall’s Ltd’s planned “merger of equals” with Unitab.
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- Tabcorp kicks against casino tax bite
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Casino gambling facts:
- The first airplane flight to Las Vegas was made in May, 1920, with Lieutenant Randall Henderson, editor of the Blythe, California Herald, and Jack Beckley.
- Men and women tend to have different preferences in their gambling. Men are more likely to gamble in games such as blackjack and lotteries and women are more likely to engage in bingo and raffles.
- As early as 1420, lotteries were used in Europe for public works. High-value commodities such as land and art were often sold through lotteries.
- Video Poker machines were introduced in the 1970s, when an oil embargo had a negative impact on Vegas revenues. The machines were popular enough to spark a recovery in casino business.
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