Packer, Macquarie Bid $1.2 Billion for Canada’s Gateway Casinos

April 4 (Bloomberg) — James Packer’s Publishing & Broadcasting Ltd., Australia’s biggest gaming company, agreed to buy casinos in Canada for C$1.37 billion ($1.2 billion) in its first foray into North America.

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Tue, April 3rd, 2007

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Casino gambling information:

  • 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.
  • Massachusetts decriminalized bingo in 1931 in an attempt to help churches and charitable organizations raise money. Bingo was legal in 11 states by the 1950s, usually only for charity purposes.
  • The Gold Rush brought a huge increase in the amount and types of gambling to California. San Francisco replaced New Orleans as the center for gambling in the United States.
  • When playing blackjack, always split Aces and never split 4's, 5's or Tens. You would be surprised at how many players split Tens. Why risk getting a lower hand when you already have a twenty value? Also note that at most casinos, you are not allowed to re-split Aces.