Betsson cuts freebies but boosts returns
Swedish public company Betsson has published its interim second quarter report for the period January 1 - June 30, 2007 showing an increase in the traditionally weak quarter of 147 percent in net sales at SEK 155.7million - up from SEK 63 million on the same period last year. Operating profit increased to SEK 47.2 (-12.8) million, an improvement on the loss of SEK -12.8 million last year.
Related Gambling News:
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Casino gambling information:
- 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.
- By the 1370s, playing cards had reached Europe in a form that is recognizable today, with a pack consisting of 52 cards with suits of swords, polo-sticks, cups and coins.
- In 1973, the Commission on the Review of National Policy toward Gambling was created to study gambling in the United States.
- During the 1950s, the Senate Committee to Investigate Organized Crime in Interstate Commerce held a number of hearings on criminal influence in the casino industry. The committee was chaired by Senator Estes Kefauver, and the committee is also known by his name.
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