Category: Land Based Gaming and Casinos
Debut of Bitcoin Las Vegas Casinos
The thought of Bitcoin Las Vegas is getting one more novelty. Starting this week, patrons will be able to use the online currency Bitcoin to pay for rooms, food and drinks at two downtown casinos. The D casino and the city’s oldest casino, the Golden Gate, will accept bitcoins at hotel front desks beginning Wednesday. The Cyber currency will also be accepted at the D’s gift shop and two restaurants. U.S. dollars will remain the only currency accepted on the gambling floor. Derek Stevens, the co-owner of the two casinos, said he’s been intrigued by Bitcoin for years and had…
Legalized gambling in Georgia may be on the horizon
The Augusta Chronicle – Supporters of expanding legalized gambling to include betting on horse racing and casinos see signs their long odds could pay off after the election. The sponsor of pending legislation that would amend the constitution to allow it said Friday the timing is close but not yet ripe. “Tell them to hold their breath until next year,” said Rep. Harry Geisinger, R-Roswell. Most observers believe an election year in a conservative state is not the time to bring up a potentially controversial issue like expanded gambling. Gov. Nathan Deal is significantly ahead in the polls over his…
GTECH subsidiary agrees Colorado Lottery deal
iGaming Business – GTECH Corporation, a subsidiary of global lottery and gaming company GTECH, has signed a lottery gaming system and services contract with the Colorado Lottery to provide a full range of lottery products and ongoing services. The contract, which follows a competitive procurement, will begin on November 2, 2014 and run through to June 30, 2021. There are also a maximum of two, two-year extensions that may be exercised in whole or in part at the discretion of the Colorado Lottery. GTECH has estimated that it will receive approximately $70 million (€51.7 million) in revenues over the base…
William Hill to Work with UK Government on Gambling Machines
Leading British bookmaker William Hill said on Friday it would work with the government to tackle concerns about the use of high stakes gambling machines in its betting shops. Shares in bookmakers came under pressure last week when Prime Minister David Cameron added his voice to political concerns over the impact of fixed-odds betting terminals which earn the industry around 1.5 billion pounds a year in revenues. William Hill said it planned to adhere to a new industry code to be implemented by March to warn gamblers how much they have spent and how long they have been on gambling…
Several companies show interest in Australian gaming licenses
Sydney Morning Herald – The race between developers to secure one of three Queensland casino licences is now officially underway. Acting State Development Minister Ian Walker says the first Expression of Interest (EOI) documents have been issued to parties interested in developing new integrated resort developments across the state. They include one at the Queen’s Wharf development in Brisbane and two in regional Queensland. The state government last year announced the approvals would be accompanied by casino licences. Mr Walker said eight registrations had so far been received, but other groups had until February 28 to register interest and receive…
Is tribal gambling too big?
Appeal Democrat – By springtime, Bill Iyall figures the Cowlitz Tribe in Washington state will have 152 acres of new land in place and can make plans to break ground for its new casino in 2015. Iyall, the tribal chairman, is confident that a plan to have the federal government hold the land in trust for the tribe will survive legal challenges, thanks to strong backing from the Obama administration. He says that’s how it should be. “We are a ward of the federal government, and we’re their trustee, and they’re supposed to take care of us,” Iyall said. Casino…

















