Stakes are raised in the race for Victor Chandler

Party Poker owner PartyGaming was yesterday reported to be one of the front-runners in the race to buy sports betting firm Victor Chandler. (22/08/2006 09:41:43)

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Tue, August 22nd, 2006

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Casino gambling facts:

  • Horse racing is the best known and widespread parimutuel betting event. Horse racing is the only form of partimutuel wagering legal in California.
  • 1993: Steve Wynn buys the Dune Hotel, then implodes it to make way for the Bellagio. The new MGM Grand is completed, once again becoming the world's largest hotel. On December 31, Barbra Streisand stars in the inaugural concert at the MGM Grand Garden Arena.
  • During the 1950s, the Senate Committee to Investigate Organized Crime in Interstate Commerce held a number of hearings on criminal influence in the casino industry. The committee was chaired by Senator Estes Kefauver, and the committee is also known by his name.
  • 1941: The Strip gets its first luxury hotel. El Rancho Vegas sets the trend for many of the themed resorts that sprout along the Strip in later years.
    1942: The first wedding chapel, the Little Church of the West, opens on the Strip in the Last Frontier Hotel.