Burned in U.S., online gambling firms see a new world in EU
PartyGaming, the world’s largest online poker company, lost 75 percent of its revenue when the company shut down its U.S. sites to comply with a new law enforcing a ban on Internet gambling.
Related Gambling News:
- Wall Street firms bet on ‘Net casinos
- Venture firms gambling LinkedIn is worth $1b
- US gaming ban hits UK firms most
- Chips are down in the online gaming sector
- City firms caught in FBI gaming inquiry
- Online gambling firms lose £billions after US law change
- Fire company getting burned on poker tourneys
- State gaming board picks 3 firms to do background checks
- Gambling firms made to pay £19million to help lower the soaring levels of problem gamblers, say ministers
- Four Wall Street Firms Are Subpoenaed on Online Gambling
- Guadalupe and Comal rivers draw big crowds for holiday weekend
- Congress online gambling bill cuts Internet firms stock value
Gambling casinos history:
- 2000: MGM Grand Inc. stages the gaming industry's largest corporate buyout with its $6 million purchase of Mirage Resorts Inc.
2005: Las Vegas celebrates one illustrious century on May 15. - Keno, the casino version of lotto, originated in China nearly 2000 years ago when Cheung Heung devised a lottery as a way of raising funds for his province's army.
- Baccarat is the principal of casino card games in the United Kingdom and Europe. Blackjack is a fixture in all American casinos.
- The name blackjack came from an early bet (since discontinued) that paid 10 to 1 if the player got a jack of spades and an ace of spades, both black cards, as the first two cards.
RSS feed
