London spreadbetting firm profits up 50 percent
The financial spreadbetting sector is, well….spreading. Hot on the heels of Party Gaming’s announcement yesterday that it has launched a financial spreadbetting site with City Index comes bullish results from London Capital, which reports a 50 percent increase in profits this year.
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Interesting gambling information:
- Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
- 1905: The town of Las Vegas is founded when the San Pedro, Los Angeles and Salt Lake Railroad Company holds a land auction at the site on May 15.
1912: The Majestic - Las Vegas's very first theater - opens, featuring the best vaudeville acts and motion pictures of the time. - 1926: Las Vegas gets a regular air service. Western Air Express flies between Las Vegas and Salt Lake City. The airfield later becomes the site for the famous Sahara and Hilton hotels.
1931: Gambling is legalized in Nevada on March 19. Construction begins on the long awaited Hoover Dam. - In 1911, the state of California ruled that "draw" poker was a skill, and thus could not be banned under existing anti-gambling laws. However, "Stud" poker was still considered illegal at the time.
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