Isle of Capri Casinos has NASDAQ Delisting Hearing, Awaits Panel Decision

ST. LOUIS, May 1 /PRNewswire-FirstCall/ — Isle of Capri Casinos, ( Nachrichten ) Inc. announced that on April 26, 2007 the Company participated in a hearing before the NASDAQ Listing Qualifications Panel resulting from the Company’s inability to file its Quarterly Report on Form 10-Q by the March 9 due date, as previously announced.

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Tue, May 1st, 2007

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Interesting gambling facts:

  • 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.
  • Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.
  • Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.
  • The first games that we would recognize as modern roulette were introduced in Paris casinos around the end of the 18th century. In the mid 19th century the single zero game was invented in France, this reduced the casino's edge thereby increasing the odds of the player.