FTSE rocked by gambling arrest

Gambling stocks were rocked for the second time in two months today. The slide, which left PartyPoker owner Party Gaming 7% lower, came after Sportingbet said its chairman had been detained in the United States.

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Thu, September 7th, 2006

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Gambling casinos info:

  • Riverboat casinos were first legalized in Iowa, then Illinois, followed closely by Missouri, Indiana, Louisiana, and Mississippi.
  • 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.
  • In 1978, New Jersey became the second state to legalize casino gambling in an attempt to revitalize the rundown resort area of Atlantic City. The legalization was restricted only to Atlantic City.
  • 1905: The town of Las Vegas is founded when the San Pedro, Los Angeles and Salt Lake Railroad Company holds a land auction at the site on May 15.
    1912: The Majestic - Las Vegas's very first theater - opens, featuring the best vaudeville acts and motion pictures of the time.