GameCo is expecting to earn regulatory approval in Macau for its video-game gaming machines by 2018 and hopes to find an eager audience in Asia. The company's games were recently dropped from three Atlantic City casinos after a lukewarm reception.
"Castle Builder II" by Austrian game developer Rabcat shakes up the traditional slots model with player profiles, experience points, unlockable achievements and progression stages that combine to help players build a virtual castle. The game will be available on Vegas Palms' online gaming website later this year.
Amaya is hoping to expand into India later this year by partnering with an already-licensed operator in the country and is also interested in moving into Asia and the US. The effort comes as the company prepares to open an office in downtown Toronto and change its name to The Stars Group in August.
The gaming industry has access to a wide variety of advanced, diverse software solutions, such as open platforms for online play. White-label software allows smaller game developers to connect their titles to bigger names in gaming, while turnkey software can support third-party casino websites and manage financial transactions.
Rep. Charlie Dent, R-Pa., is reportedly trying attach legislation that would ban online gambling across the country into an omnibus appropriations bill package lawmakers are working on. New Jersey, one of three states with regulations governing online gaming, has said it would fight to keep control within the state.
A recent economic impact study from iDEA reveals that New Jersey's online gaming has boosted the state's revenue and job count without increasing problem gambling and other related issues. Through 2016, internet gaming has generated $124.4 million in tax revenue for state and local governments and has created nearly 3,400 jobs.
A possible amendment to an anti-poker room bill in Oregon would require players to deal games themselves and prohibit rooms from charging cover fees. Under the proposed legislation, the state's nearly two dozen poker rooms would have to earn their money by selling food and drinks, since they are already not allowed to take any rake.
Several brokerages caution that Macau's VIP gaming growth could soon cool. "A slowdown in liquidity may be a strong leading indicator of a slowdown in VIP and high end premium mass [play in Macau]," according to Sanford C. Bernstein Ltd.
The owners of a project called Red Creek in Oklahoma are reportedly pursuing a gaming license in a city where previous casino plans in 2011 sparked lawsuits, protests and even the mayor's resignation. "The National Indian Gaming Commission twice now, on two different properties, they have spoken, as well as the Department of the Interior has spoken, that the Kialegees can't license gaming in Broken Arrow," opponent Jared Cawley said.
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