888 looking for acquisitions, plans bingo launches
Online gaming group 888 Holdings is looking at a number of possible acquisitions in Europe, and it plans to expand its online bingo overseas, Chief Executive Gigi Levy said on Monday.
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Interesting gambling facts:
- The famous banker J.P. Morgan once walked out of a Monte Carlo casino because the stakes were too low? At the time, the maximum wager was 12,000 francs and Morgan wanted it increased to 20,000 francs. When the casino manager refused to increase the limit, Morgan left the casino saying "12,000 francs! I have no time to lose such ridiculous amounts."
- In 1857, Prince Charles III of Monaco decided to introduce gambling to his Mediterranean principality to boost its finances.
- Poker is derived from the Persian game of "as nar" and was probably based on the dice game "tali", which was played by the Romans.
- 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.
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