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Casino Vendors, Operators And Suppliers Gearing Up For Online Gambling

Discussion in 'CASINO NEWS' started by Mben, Jan 9, 2012.

  1. Mben

    Mben No Deposit Forum Admin Staff Member

    The door for legal internet gambling in the US just opened up a bit and casino vendors, operators and suppliers want a piece of the $35 billion world market.With the news on the Friday before Christmas that the Wire Act only pertained to sportsbetting, MGM Resorts, Caesars Entertainment, International Game Technology and Shuffle Master are getting all their ducks in a row to get a piece of the pie. Shuffle Master, which is the company that supplies automatic card shufflers for table games, already had a plan in place before the announcement was made. This included a hiring plan and creating a design team for a gaming platform. Louis Castle, who joined Shuffle Master in October, said Come February, you'll see a lot of activity in Nevada around legal online gaming. Some people will jump, we'll certainly be ready. The question is which companies will want to go first. It's just got accelerated. 2012 is going to be a banner year in many ways. Analysts say the Justice Department decision is a net positive for MGM, Wynn and other major U.S. gaming industry operators with deep customer databases, offering those gamblers an additional venue to play.Plans include partnering with companies already operating offshore gambling sites, many based in the UK. In my opinion, 2012 is going to be known as the year the online gaming industry in America was really born. I'm sure at least two states are going to join Nevada in approving online gaming, said U.S. Digital Gaming Chairman Richard Bronson. The Justice Department essentially opens the frontier to new settlements. Now states can go ahead and approve online gaming with the certainty of it being legal in our country, which is a far cry from the multitude of illegal operators who have been poaching American players for years. Wall Street cheered the Justice Department memo, sending shares of MGM and Wynn Resorts up by 3 to 5 percent the day the news broke.The full story can be read <a href="http://www.reuters.com/article/2012/01/06/us-usa-gambling-idUSTRE8051K320120106" >here</a>. 
  2. omeg

    omeg NEW MEMBER

    Another step closer. :bigclap:Thanks Mben, as always for bringing us these news items.                                                                             Pam

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