Seminole Tribe completes Hard Rock deal
The Seminole Tribe of Florida completed its $965 million purchase of the Hard Rock cafes, hotels, casinos and music memorabilia from The Rank Group PLC on Monday through a combination of a bond offering and an equity contribution from the tribe.
Related Casino News:
- Las Vegas Hard Rock Sold to Indians
- Seminole Tribe suing company that financed its Hard Rock casinos
- Seminole Tribe holds ceremony to make official its $965 million Hard Rock deal
- Tribe Sets Hard Rock Deal In Stone
- Tribe sues firm that financed its Hard Rock casinos
- Seminole Tribe plans $75 million expansion of Hard Rock Casino near Tampa
- Florida’s Hard Rock expands casinos and hotels overseas
- World Poker Tour on FSN: Bikinis & Back-to-Back Final Tables at the Seminole Hard Rock
- World Poker Tour on FSN: Seminole Hard Rock Showdown Part I
- Tribe wants to end deal with casino developers
- Hard Rock plans expansion in Asia, Latin America and Eastern Europe
- Seminole Tribe keeps low profile in Vegas
Gambling casinos history:
- The El Rancho Casino & Hotel in Las Vegas was known for a few firsts. It was the first casino/resort on the Strip opening in 1941 with 63 guestrooms. It was also the first to offer a buffet. The cost of the buffet was only $1.00! The El Rancho burned down in 1960 and fortunately no one was hurt.
- Although the Greeks had a profound understanding of mathematics they had no concept of probability, and assumed that the outcome of games of chance was due to the will of the gods.
- Bingo as we know it today is a form of lottery and is a direct descendant of Lo Giuoco del Lotto d'Italia - the Italian National Lottery organized in 1530.
- 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.