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- Silicon Valley companies bet on Internet gambling
Game developers in Silicon Valley are anticipating a boom in the online gambling business as states increasingly pursue efforts to legalize gambling on the Internet. Some tech companies are focused on international markets, where laws are more relaxed, while they wait for the U.S. market to open up. "There is no question there is great interest from all kinds of people in games of chance, whether it is for real money or virtual rewards," said Mark Pincus, chief executive of Zynga. The New York Times (tiered subscription model)
(2/17)     
| Industry Update | | |
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- Mass. commission representative to attend Foxborough meeting
Massachusetts Gaming Commission Ombudsman John Ziemba will attend a board meeting in Foxborough, Mass., to address residents' concerns regarding the Plainridge Racecourse, which has applied to obtain the state's single slots parlor license. "There will be only one slot house permitted in the state, and being a potential abutter, I want to make sure we understand the responsibilities and obligations from the developer," said Foxborough Board of Selectmen Chairman James J. DeVellis. The Boston Globe (tiered subscription model)
(2/16)
- Report: Full House, partner acquiring Ky. racetrack
Full House Resorts and Keeneland Association Inc. are partnering to acquire Thunder Ridge harness track in Prestonsburg, Ky. The two companies, which plan to transform the property into a Quarter Horse racetrack, filed the documents last week with the Kentucky Horse Racing Commission on the change of ownership. Las Vegas Review-Journal
(2/15)
| Issues, Trends & Technology | | |
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- Nev. casinos seek resolution to comped meals taxation issue
Nevada's gaming industry is trying to come to an agreement with Gov. Brian Sandoval that would allow complimentary meals provided by casinos to gamblers and employees to be tax-free in the future, according to lawmakers, state officials and gaming lobbyists. "We're hopeful we can find a solution that is amenable to both the state and the industry," said Pete Ernaut, president of R&R Partners, which represents the Nevada Resort Association. Las Vegas Sun
(2/17)
- Utica, N.Y., mayor promotes city as potential casino site
Utica, N.Y., Mayor Robert Palmieri has asked New York Gov. Andrew Cuomo, the state Assembly and the state Senate to consider Harbor Point in Utica as one of the possible sites for casinos proposed for the state. "I believe Harbor Point, the city's vision for the revitalization of Utica's harbor, is a prime location for a casino. Failure to do so would be a regrettable decision and a missed opportunity," Palmieri wrote in a letter to the state officials. Observer-Dispatch (Utica, N.Y.)
(2/17)
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- Penn. lawmaker to introduce online gambling proposal
Pennsylvania Rep. Tina Davis plans to put forward a proposal this week to legalize online gambling in the state. Davis says the state's gaming industry must remain competitive against other states. "Considering the nationwide efforts to legalize Internet gaming, it is imperative that we maintain the integrity of our gaming industry amid inevitable federal preemption and competing states, as well as possible expansion of Internet games through the privatization of our own state lottery," she said. Pittsburgh Tribune-Review
(2/15)
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Explore every angle with Gambling Disorders 360°
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Prepare for G2E Asia 2013 and find out what's on tap for G2E 2013 with the G2E Blog
Check out all of the new happenings for G2E Asia 2013 (May 21-23 at the Venetian Macao) and what we have in store for G2E 2013 (Sept. 24-26 at the Sands Expo & Convention Center in Las Vegas) on the G2E Blog.
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