Big turnaround in Q1 for Redbet

Investors in the Swedish online betting group Redbet.com will be pleased with quarter 1 results just released which show an encouraging turnaround from the SEK 650 000 loss in quarter 1 of 2006.

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Thu, May 24th, 2007

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Gambling history facts:

  • By the 18th and 19th centuries a dice game called Hazard had become popular in England and was played by the aristocracy in private gambling houses.
  • It was during the 1930's that slot machines began to become very popular across America, and in the late 40's Bugsy Siegel added machines to his Flamingo Hilton hotel in Las Vegas.
  • Baccarat is the principal of casino card games in the United Kingdom and Europe. Blackjack is a fixture in all American casinos.
  • 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.