Venture firms gambling LinkedIn is worth $1b
SAN FRANCISCO - Four venture capital firms are betting LinkedIn Corp. is worth $1 billion, highlighting the lofty hopes riding on online services that connect people with their friends, family, and business associates.
Related Gambling News:
- Wall Street firms bet on ‘Net casinos
- Mad on sport: betting firms hit jackpot
- Twitter, LinkedIn and peers for sale - privately
- 11 People, 4 Firms Charged In Internet Gambling Sting
- Czech betting firms win permission to introduce on-line gambling
- Gambling venture followed MP’s trip
- Repent, bishop tells gambling firms
- Bwin and Betbull target liberated Spanish market
- MGM Mirage in talks with Chinese company on non-gambling venture
- Macau casino venture approved, says PBL
- Offshore gaming sites not sure USA’s worth the risk
- Tasmanian Tote could be worth A$ 100 million
Gambling casinos history:
- Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.
- The first games that we would recognize as modern roulette were introduced in Paris casinos around the end of the 18th century. In the mid 19th century the single zero game was invented in France, this reduced the casino's edge thereby increasing the odds of the player.
- 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.
- 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel.
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