888 deal with Rank sparks talk of merger
“We were losing a lot of money by our customers going somewhere else to put on a sport bet, with the worry that when they go somewhere else they will stay there to play poker”
Tongues were set wagging in the City today over a future 800m merger between online casino 888 .com and its bricks-and-mortar equivalent Rank . via This Is Money
Related Poker News:
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- William Hill rejects notion of merger with rank
- Settlement allows developers to build Sparks resort near library
- Unitab postpones merger meeting
- Sparks extends moratorium on new casinos 90 days
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- Australian gambling groups plan A$4b merger
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Interesting gambling 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.
- Blackjack originated in French casinos around the 1700's where it was called "vingt-et-un" (twenty-and-one) and has been in United States since the 1800's.
- In Paris, legislation prohibiting playing cards was passed in 1377, and in Italy, playing cards and dice were burned.
- In 1980, the American Psychological Association included pathological gambling in their Diagnostic and Statistical Manual of Mental Disorders, Third Edition (DSM-III).
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