Betfair results could be good news for investors
Reports in the weekend UK press indicate that online gambling group Betfair will reveal this week that the company is sitting on a cash pile of GBP 180 million which it may deploy to return money to investors.
Related Gambling News:
- Betfair results for year ended 30 April 2007
- Positive side to Betfair´s NSW venture
- Betfair NSW license application under attack
- Party Gaming anticipates good full year results
- The media got it wrong, says Betfair
- Betfair eyes major sports
- Multimillion Betfair marketing deal
- Betfair - Online Betting Exchange
- Betfair denies float
- Euro Poker News: Betfair Adds Value for WSOPE Players
- Positive Q1 results from Netent
- Improved results for FLUXX
Interesting gambling facts:
- Indian tribes have used their position as sovereign entities to develop a number of gaming establishments. Indian casinos operate in 22 states. This number is expected to grow.
- Casino gambling, including Indian gaming, is legal in 27 states and most of the casinos have been built in the last 5 years according to "America's Gambling Fever", U. S. News and World Report, 15 Jan 1996
- The first World Series of Poker was held in downtown Las Vegas at the Horseshoe Casino back in 1970. Then owner of the Horseshoe Jack Binion, hosted the very first one and has agreed to host upcoming World Series of Poker Tournament Circuit. Jack Binion said that is purely honorary and plans on doing other types deals and events in the future.
- The first legal lottery in the twentieth century was the New Hampshire Sweepstakes which began on March 12, 1964. Currently 37 states and the District of Columbia operate lotteries.
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