Regulators give the nod to PBL’s Asia casinos

JAMES PACKER’S Publishing & Broadcasting Ltd was given regulatory approval yesterday for its Asian joint venture with Melco International nearly two years after the deal was first announced. -

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Tue, August 29th, 2006

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Do you know that:

  • French mathematician Blaise Pascale is often credited with inventing the roulette wheel as a result of his experiments with perpetual motion machines.
  • Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
  • U.S. News and World Report did a comparison of crime rates in cities with gambling versus those that do not. The crime rates were significantly higher in the places that allowed gambling.
  • The Gold Rush brought a huge increase in the amount and types of gambling to California. San Francisco replaced New Orleans as the center for gambling in the United States.