Where Mobile, Social, Interactive, Online, Cloud and Land-Based Gaming Converge
Million-dollar fines for violating Nevada gaming law used to be rare.
But in the past 15 months, state casino regulators have accepted three separate seven-figure payments from gaming companies to settle Gaming Control Board disciplinary complaints. That’s the same number of seven-figure fines the state had issued in all of the previous 28 years.
Online gaming doesn’t cannibalize brick-and-mortar play, a casino executive said this week at the 2014 iGaming North America conference in Las Vegas.
“We’re certainly not trying to destroy brick-and-mortar casinos,” Tobin Prior, the CEO of Ultimate Gaming, told a crowd of around 200, the Las Vegas-Review Journal reported. “That would be insane…From the outset, we always saw our business model as bricks and clicks.”
Sheldon Adelson, CEO of Las Vegas Sands Corp., is preparing to introduce in Congress a bill for the total interdiction of online gambling. The reason is to protect children. No word about his casino empire: that is not wrong in his opinion.
This project is opposed to the lotteries, poker players, and many casinos that have already launched or plan to launch in the near future on online gaming market.
It seems from a report in the Las Vegas Review-Journal that the industry may see a more docile approach by the American Gaming Association when it comes to opposing the Adelson jihad against online gambling.
Luck be a lady in Toms River.
Gamblers there, in Jersey City and Cherry Hill spend more time on Caesars Entertainment’s online gaming sites than anyone else since they went live in late November, according to Seth Palansky, the company’s spokesman.
Yahoo has been on the road to revival, relaunching and redesigning core properties like Mail, Maps, Answers, My Yahoo and Flickr. Its now turned its attention to a place that has been the refuge for casual online gamers:Yahoo Games.
Nevada’s newly christened Internet gaming agreement with Delaware could launch this summer, and Gov. Brian Sandoval said he hopes to add more states to the compact.
The next Poker Boom needs players with disposable income.
There are a number of storm clouds forming around Senate Majority Leader Harry Reid
The iGaming North America Conference currently taking place in Las Vegas, Nevada, is a place for industry insiders to dabble in prognostication, learning from one another, to exchange ideas, and even criticism.
The Massachusetts Gaming Commission hosted a day-long forum on Internet gambling at the Boston Convention and Exhibition Center last week.
The forum consisted of five panel discussions, with noted speakers representing virtually every corner of the iGaming industry as well as regulators from all over North America.