Gateway Casinos and New World Gaming Mail Offers and Circulars

BURNABY, BRITISH COLUMBIA AND SYDNEY, AUSTRALIA– - Gateway Casinos Income Fund and New World Gaming Partners Ltd. announced today that New World Gaming has mailed to unitholders and debentureholders of the Fund a take-over bid circular dated May 8, 2007 in connection with its previously announced offer to acquire all of the outstanding units of the Fund at a price of $25.26 per unit in cash and …

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Mon, May 14th, 2007

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Do you know that:

  • At a land-based casino, if your slot machine is malfunctioning, you won't get paid if you win the jackpot! All slot machines have this written on them but many players are not aware of this policy. The casinos have a device which lets them know if a slot machine is malfunctioning or if it's been tinkered with. Your best bet is to stop playing at it and try another.
  • 1905: The town of Las Vegas is founded when the San Pedro, Los Angeles and Salt Lake Railroad Company holds a land auction at the site on May 15.
    1912: The Majestic - Las Vegas's very first theater - opens, featuring the best vaudeville acts and motion pictures of the time.
  • Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
  • 1993: Steve Wynn buys the Dune Hotel, then implodes it to make way for the Bellagio. The new MGM Grand is completed, once again becoming the world's largest hotel. On December 31, Barbra Streisand stars in the inaugural concert at the MGM Grand Garden Arena.