Future of Internet Gaming

May 28

With our headquarters in Las Vegas, Millenium Tech Solutions is well aware of the revolution in online gaming that is coming.? With Nevada currently the only state with online poker laws, casino and gaming industry leaders alike are jumping at the chance to dominate the soon-to-be online gaming market.? Big players like IGT, Bally Technologies, and Aristocrat have been strategizing and acquiring online platforms that may leverage their position once virtual options are legalized.? Players in the social media arena like Zynga, producer of FarmVille, are also exploring their options.

The big question for Las Vegas tourism is will online gaming hurt our casinos?? The answer is no, according to Frank Fahrenkopf, CEO of the American Gaming Association.? He stated, ?The approval of Internet gambling would expand existing operations, because younger players more comfortable with online transactions would start gambling online and eventually find their way to local casinos.?

Except in the instances of smaller casinos that depend primarily on poker, Fahrenkopf assures that internet gaming will bring more opportunity.? According to an article from CasinoCity, Nevada may see their first Internet poker website as early as this year.? Research on the effects of this one aspect of the gaming market may offer better indicators on economic stability for the Nevada casinos and the people they employ.? Last year, commercial casino jobs in Nevada were reported at 174,381.? If AGA CEO is right, those jobs should remain steady when, not if, internet gaming becomes reality.

Image by Steve Marcus via LasVegasSun.

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