Tatts and Macquarie gamble on Europe
Australia’s Tattersall’s and Macquarie Bank have teamed up to move into the European gaming market, with the first step a $338 million takeover of British gaming machine operator Talarius.
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Do you know that:
- In 1891, Sittman and Pitt of Brooklyn began to manufacture the first nationally known poker card machines. The machines maintained their enormous popularity until just before World War I.
- The famous banker J.P. Morgan once walked out of a Monte Carlo casino because the stakes were too low? At the time, the maximum wager was 12,000 francs and Morgan wanted it increased to 20,000 francs. When the casino manager refused to increase the limit, Morgan left the casino saying "12,000 francs! I have no time to lose such ridiculous amounts."
- Casino chips were used in the 18th century as a substitute for money being wagered. Originally, they were pieces of bones, mother of pearl or ivory engraved with the name of the casino and their respective value.
- The most popular form of charitable gambling is bingo. In California, bingo is the only charitable game that is legal.
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