Multimedia Games Downgraded by Merriman
An analyst downgraded lottery and bingo terminal maker Multimedia Games Inc. on Friday, citing increased competition in some markets and a rising share price.
Related Bingo News:
- Multimedia Games: A Bull Turns Bear
- Multimedia Games CFO Resigns
- Multimedia Games Seeks CFO
- Multimedia Games 1Q Profit Tumbles
- Multimedia Games 2Q Profit Falls
- Multimedia Games 4Q Profit Sinks
- Multimedia Games 4Q Profit Plunges
- Multimedia Games Shares Drop on 3Q Miss
- Multimedia Games to supply Mexican bingo halls
- Multimedia Games Plans Tender Offer
- Multimedia Games Awarded Contract to Develop Bingo System for Ontario Lottery and Gaming Corporation
- Multimedia Tender Offer Totals 2M Shares
Interesting gambling facts:
- Lotteries were brought to America in the 1800s by the thousands of Chinese immigrants who worked in the mines and on the railroads.
- The name of the game "Poker" likely descended from the French poque, which descended from the German pochen ("to knock"), but it is not clear whether the games named by those terms were the real origins of poker.
- The first World Series of Poker was held in downtown Las Vegas at the Horseshoe Casino back in 1970. Then owner of the Horseshoe Jack Binion, hosted the very first one and has agreed to host upcoming World Series of Poker Tournament Circuit. Jack Binion said that is purely honorary and plans on doing other types deals and events in the future.
- Las Vegas in Nevada owes its success to the mobster Benjamin "Bugsy" Siegel who organized gaming and bookmaking operations for The Mob (the Mafia).
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