Caesar’s Palace owner buys into British casinos

The American owner of the world-famous Caesar’s Palace casino in Las Vegas has swooped on the rapidly liberalising UK gambling market, striking a deal to buy smaller operator London Clubs for £293.3 million in cash.

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Thu, August 31st, 2006

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Gambling history facts:

  • The most popular forms of illegal games are "numbers", which is essentially a lottery, and betting with bookies, typically sports betting.
  • 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
    1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel.
  • 1994: On New Year's Day Frank Sinatra gives his last Las Vegas performance at the MGM Grand.
    1998: Opening of the Bellagio. With 3,026 rooms it is the largest hotel in the world, and also the most expensive - it cost $1.7 billion to build.
  • 1951: On September 4, Frank Sinatra makes his Vegas debut, performing in the Crystal Room at the Desert Inn.
    1959: Wayne Newton performs in Vegas for the first time, despite the fact that he is still too young to enter a casino.