Station Casinos Gets $4.7B Buyout Bid
Private equity bidders extended their shopping spree for casino companies Monday as Station Casinos Inc. said it received a $4.7 billion buyout offer from its founding family and an affiliate of Colony Capital LLC. The $82-per-share offer for the
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Gambling casinos info:
- At a land-based casino, if your slot machine is malfunctioning, you won't get paid if you win the jackpot! All slot machines have this written on them but many players are not aware of this policy. The casinos have a device which lets them know if a slot machine is malfunctioning or if it's been tinkered with. Your best bet is to stop playing at it and try another.
- It was during the 1930's that slot machines began to become very popular across America, and in the late 40's Bugsy Siegel added machines to his Flamingo Hilton hotel in Las Vegas.
- 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 word Casino originally meant a public hall for music and dancing. By the second half of the 19th century, the term essentially meant a collection of gaming or gambling rooms. The classic example of a casino, is the casino at Monte-Carlo, which was opened in 1861.
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