Casinos have long viewed online gambling warily, as a potential siphon of the dollars that come from gamblers attending their venues. However with bricks-and-mortar gambling decimated by the pandemic, on line casino operators are treating online playing as an opportunity, making big investments and pursuing public spinoffs as a solution to unlock the value of their online operations.

Sambo’s was based in Santa Barbara in 1957 by Sam Battistone and ostobet Newell F. Bohnett, who combined their names to form the moniker, apparently without realizing it was also an epithet directed at African-Americans [source: Hill]. (Of their defense, Helen Bannerman’s kids’s book «Little Black Sambo,» really is about a darkish-skinned baby in India, not Africa [supply: Bannerman].) In addition to serving its Sambo burgers and stacks of Sambo cakes, Sambo’s had an progressive equity-sharing scheme that rewarded restaurant managers with a chunk of the pie [supply: Jakle]. When the chain reached its apex within the early 1980s, it had 1,117 restaurants. By then, though, Sambo’s was already starting to falter financially. Worse yet, its identify turned such a lightning rod for anti-discrimination protesters that the company tried going by «Sam’s» and «Jolly Tiger» in some locations [supply: AP]. As the chain progressively collapsed in the 1980s, a lot of its locations grew to become Denny’s [supply: Jakle].

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