Industry News

A bill that would shut the public out from the decision of who sits on the powerful commission that oversees casinos has come under fire from gaming experts. “Transparency is essential,” said Bill Thompson, a national gambling expert at the University of Nevada at Las Vegas. “It’s an attractive industry for corrupt people, and they’ll try to get an angle through politics or the board.”

Once the new state-approved gambling regulations kick in, the biggest change is an increase in the amount of loot you can put out there on the table. Currently, the most a player can buy-in for a “cash” game is $100. After July 1, there will be no limits.

Internet dependence and problem gambling are addictions, but Australian researchers found no link between excessive Internet use and problem gambling.

Pierre Bruneau, Dir. Strategy & International relations, La Francaise des Jeux  
 Feature Presentation - CLICK HERE TO WATCH - SMART-TECH 2010

"We are extremely pleased to become a partner to the Lithuanian lottery through Olifeja," commented Michael Chambrello, President and CEO of Scientific Games. "Right now instant ticket sales in Lithuania represent less than ten percent of total lottery sales. We see ample opportunity to drive instant ticket sales by implementing our proven best practices and Olifeja is a very receptive partner. Eventually we believe Lithuania can be an excellent model for lotteries throughout Northern Europe."

"Recent legislative actions to improve prize payout structures for the California Lottery offer great potential for new growth and increased support for the Lottery’s education beneficiaries. With this contract extension, we are pleased to be able to continue our partnership with the Lottery to support their next phase of growth,” said GTECH President and CEO Jaymin B. Patel. “We will work even more closely with the Lottery over the next several years to apply marketing and operational best practices, enhance their product and game portfolio, and provide them with a flexible, scalable platform to launch the next-generation of gaming technology, which will benefit the Lottery, their retailers, and players alike.”

Armed with $1.7 billion in cash and debt free, Genting Malaysia is seeking acquisitions, new markets and potentially a strategic partnership in the U.S., Leong said. The Kuala Lumpur- based company, which said this month it may bid to develop a slots casino at Aqueduct Racetrack in New York City, first invested in the U.S. sector last year, buying MGM Mirage bonds.

"IGT is thrilled to be the top winner for IGT DynamiX(TM) at this year's Gaming Technology Summit," said Eric Tom, IGT executive vice president of sales and global marketing. "We are deeply honored to be acknowledged with four awards. As a team, we take great pride in the innovative game and system technology products we develop to enhance the player and operator experience."