Are Las Vegas casinos Internet bound? If so, the Nevada Gaming
Commission's
Internet Gaming Informational Seminar on April 13,
dubbed by some as "Internet Gaming 101," could signify the first step in
the education process.
The daylong seminar will include informative sessions about how the
Internet works, legal issues and the technological implementation of
regulation, along with a pros and con presentation followed by
questioning. Featured speakers include Tony Cabot, Lionel, Sawyer &
Collins; Tony Fontaine, Station
Casinos; Fernando DiCarlo, Gametronics and Sebastian Sinclair,
Christiansen Capital.
What's behind this interest? As much as the real-world casinos hate
to acknowledge it, their virtual competitors are making a huge impact on
profits. The most obvious example is the numbers from last year's Super
Bowl. Las Vegas bookies brought in $71 million in total bets for the
Super Bowl, while an estimated $300 million was wagered online.
The proof's in the pudding, as the saying goes. Perhaps, the proof
is making the Internet look brighter to Vegas operators.