Bwin Shares Jump on Report PartyGaming May Buy Part of Company

Shares of Bwin Interactive Entertainment AG, an Austrian Internet bookmaker, jumped on a report that PartyGaming Plc may bid for part of Bwin’s business. Shares of Vienna-based Bwin climbed as much as 2.27 euros, or 14 percent, to 18.22 euros in

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Mon, November 6th, 2006

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Interesting gambling information:

  • 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.
  • Gambling is Often Legalized to Promote Economic Development of Depressed Areas. That was an important motivation in Las Vegas, Atlantic City, New Jersey, and many of the other locales for casinos.
  • Casino is defined by the Webster's New World Dictionary as the following: a small country house, or a building or room used for meetings, or public amusements, gaming, or a game at cards.
  • Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.