Station Casinos Execs Propose Buyout
Station Casinos, Inc. repurchased about 2.6 million of the companys common stock during the third quarter of the year, now the executives at the helm await the decision of the Station’s Board of Directors special committee of independent directors to review a proposal to buy out the companys outstanding common stock for $82 per share.Save
Related Casino News:
- Station Casinos Gets $4.7B Buyout Bid
- Indian gambling commission approves Station Casinos acquisition
- Senators propose legalizing casinos in Texas
- Name Changes Ahead for Sands Casinos
- Station Casinos add Aliante to locals empire
- Casinos mum on buyout response
- Station Casinos Buys up Old Homes, Upsetting Neighbors
- Casino quiet on popularity of buyout offer
- Station Casinos Announces Second Quarter Results
- Aliante Station Casino announces opening date
- Station Casinos offering locals rebate to join players club
- Deluge expected for jobs at new Station casino
Gambling history facts:
- 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.
- The most significant forms of illegal gambling in the United States are numbers, betting with bookmakers or bookies, and sports pools or sports 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.
- 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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