Tabcorp Second-Half Earnings Fall 12% on Casinos
Aug. 23 (Bloomberg) — Tabcorp Holdings Ltd., Australia’s largest gaming company, had a 12 percent decline in second-half profit after the introduction of smoking bans cut earnings from casinos.
Related Casino News:
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- Tabcorp First-Half Net Rises 13% on Casinos, Gaming
- Tabcorp CEO Funke Kupper Turns to Casinos for Growth
- Smoking bans suck earnings from casinos
- Online gaming company 888 says earnings slumped after U.S. ban
- Tabcorp Profit Rises 25% on End to Broadcast Dispute
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- UPDATE 1-Australia’s Tabcorp year profit up 4 percent
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Casino gambling facts:
- When playing blackjack, always split Aces and never split 4's, 5's or Tens. You would be surprised at how many players split Tens. Why risk getting a lower hand when you already have a twenty value? Also note that at most casinos, you are not allowed to re-split Aces.
- Nevada is the oldest and largest legalized gaming center in the United States. Gaming was legalized in Nevada in 1931 in the middle of the Great Depression as a form of economic stimulant.
- As early as 1420, lotteries were used in Europe for public works. High-value commodities such as land and art were often sold through lotteries.
- The first recorded betting games were played with marked disks or bones (the forerunners of dice), and spinning wheels or shields.
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