Rank bad news for bingo giant
MECCA Bingo operator Rank saw its shares drop 20 per cent yesterday after a surprise warning that profits will fall well below last year’s level.
Related Bingo News:
- Gambling giant Genting takes 9.4 pct stake in Rank
- Rank recovery on track as bingo giant battles the smoking ban
- Broker snap: Credit Suisse sees tough outlook for Rank
- Rank and William Hill ‘in talks’
- Sunday newspaper round-up:William Hill, Rank, LSE
- Rank says 2008 challenging, bingo & casinos stabilise
- William Hill rejects notion of merger with rank
- Update: Rank doubtful on new casinos
- Harrah´s taking another run at Rank PLC?
- Gaming giant talks
- Rank Rises on Report Government Plans Bingo Statement
- Rank Rises as Investec Says Government Plans Bingo Statement
Gambling casinos history:
- Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.
- In 1911 US legislation prohibited stud poker but ruled that draw poker was a game of skill and therefore was not illegal.
- The current wave of legal lotteries started in New Hampshire, spread to other North-Eastern states, and then across the nation.
- Although the Greeks had a profound understanding of mathematics they had no concept of probability, and assumed that the outcome of games of chance was due to the will of the gods.
RSS feed
