Australia’s PBL Bids for Gateway Casinos
Australia’s Publishing & Broadcasting Ltd. and Macquarie Bank said Wednesday they have made a 1.365 billion Canadian dollar, or US$1.18 billion, offer to buy Canada’s Gateway Casinos in an attempt to gain a presence in the North American gambling market.
Related Casino News:
- Gateway Casinos Income Fund to Acquire the Cascades Langley Casino & Hotel & Files Final Prospectus for $35M Bought
- Gateway Casinos Income Fund Announces Closing of Acquisition of Cascades and Extension of Convertible Debentures
- Gateway Casinos Income Fund reports improved Q2 earnings as slots revenue up
- Gateway Casinos Income Fund Reports 2005 Results; Continues Strong Growth in Revenue and Distributable Cash
- Gateway Casinos to buy BC casino for C$106.3 mln
- Macquarie and Oz media group ante up $1.37B for Gateway Casinos
- Gateway Casinos Buys Casino
- Australian $1.37B bid ‘exceptional value’ for Gateway Casinos investors: CEO
- Gateway Casinos Q4 profit $8.4M as revenue rises 38% to $35.5M
- Gateway Casinos Income Fund’s Q4 profit rises to $8.7M from $6.3M
- Gateway Casinos Q1 207 Earnings Conference Call At 11:00 AM
- Gateway Casinos buys Cascades Langley Casino and Hotel for $106.3 million
Interesting gambling information:
- The brand new resort, Wynn Las Vegas recently opened on the Las Vegas Strip. At a cost of approximately $2.7 billion, the Wynn Las Vegas features 2,700 guestrooms and suites, casino (table games, over 1900 slots/video poker machines, poker room with race and sports book), several restaurants, a night club, golf, a shopping esplanade and a show called Le Reve.
- In Paris, legislation prohibiting playing cards was passed in 1377, and in Italy, playing cards and dice were burned.
- Lotteries, along with their close derivative bingo, are the most popular kinds of gambling. The popularity of lottery games is not limited to state-run lotteries. Indian tribes run lotteries and illegal lotteries still exist.
- The term "turned the tables" is actually a chess term coming from the mid 1600's. When a player was losing, they would physically turn the chess table to assume the winning side of the table.
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