Packer sale clears decks for PBL thrust into European casinos

James Packer is selling his private investment in the London-based Aspinalls casino business to his public company, Publishing & Broadcasting Ltd, for $91.8 million.

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Mon, September 25th, 2006

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Gambling casinos info:

  • In 1911 US legislation prohibited stud poker but ruled that draw poker was a game of skill and therefore was not illegal.
  • The second oldest casino hotel resort on the Las Vegas Strip was the Last Frontier and it opened in October of 1942. It had 105 guestrooms and the property was made to look like an old western town. The first casino hotel resort opened just 18 months earlier and was called El Rancho.
  • Men and women tend to have different preferences in their gambling. Men are more likely to gamble in games such as blackjack and lotteries and women are more likely to engage in bingo and raffles.
  • Bingo as we know it today is a form of lottery and is a direct descendant of Lo Giuoco del Lotto d'Italia - the Italian National Lottery organized in 1530.