Party Gaming profits down 68 percent
Party Gaming has released it’s 2007 full year results, admitting a huge 68 percent drop in annual profit due mainly to the group’s enforced exit from the US market late in 2006, and revealing that CEO Mitch Garber will be leaving his post mid 2009. Apparently Garber plans to return to Canada and will not be renewing his contract after May 2009.
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Gambling casinos info:
- Baccara (Italian) or baccarat (French) both translate to "zero" in English. The importance of this name is found in the tens and face cards, both sharing the zero value.
- Gaming is now the States' favorite pastime. More individuals gamble than the combined total of those attending movies, sports, music events, theme parks and live entertainment.
- U.S. News and World Report did a comparison of crime rates in cities with gambling versus those that do not. The crime rates were significantly higher in the places that allowed gambling.
- The current wave of legal lotteries started in New Hampshire, spread to other North-Eastern states, and then across the nation.
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