Bingo
machines set to take off in US
As reported by The Las Vegas Sun
The
spread of bingo games that resemble slot machines is expected
to pave the way for a day when casinos can quickly reprogram
new games into existing machines from a central computer
terminal rather than buying new machines every several
months. On Tuesday, the first day of the bingo industry's
premier trade conference in Las Vegas, gaming company
executives said they already are creating or selling games
that will one day be cheaper and more efficient for casinos
to operate.
The
federal government allows Indian tribes to offer so-called
"Class II" games, a federal classification created
in 1988 that includes bingo games and was amended in 2002
to include more specifics on electronic versions of bingo
games. The definition of Class II games has been subject
to legal disputes for years. Manufacturers have pushed
the envelope by creating new gambling devices that look
less and less like the bingo cards of old and more like
slot machines, which are illegal in many states. State
and federal regulators have responded by suing and, in
some cases, shutting down games.
Some
analysts say the US Supreme Court's refusal last week
to hear an appeal of a federal decision in favour of tribes
clears up most of the legal uncertainty surrounding the
games. The court decision will become a key bargaining
chip for tribes as they pressure states to offer traditional
slot machines in the years to come, experts say.
Unlike
slot machines, Class II machines don't require tribes
to negotiate a casino compact with the state, effectively
cutting the state out of any potential slot machine revenue.
The machines also are opening a lucrative market for tribes
among people who wouldn't otherwise gamble using paper
bingo cards, said Michael Lombardi, a tribal casino consultant
and former bingo hall manager. He added: "Bingo is
seen as a game for old people ... but that's really changing."
Singapore
mulling an offshore luxury casino-resort complex - minister
As reported by The AFX Press
SINGAPORE
(AFX-ASIA) - Singapore is planning to create an offshore
luxury residential resort which might include a casino
to attract high-rollers and rich property buyers, the
Business Times quoted Trade and Industry Minister George
Yeo as saying.
Yeo
said Sentosa, a beach and golf islet linked by a causeway
to mainland Singapore, would be connected by bridges or
boat services to other islets in a 500-hectare development.
"We
are keeping an open mind on what to have in this development,
including the possibility of having a casino," the
newspaper quoted Yeo as saying Friday during a parliamentary
debate on the budget.
"What
we envisage is an international facility separate from
Singapore but accessible to all Singaporeans, with more
relaxed rules to attract international talent, visitors
and investments," he added.
It
would be modelled after Atlantis on Paradise Island in
the Bahamas.
The
government has long opposed the opening of a casino on
moral grounds, although horse racing and lotteries do
brisk business here and Singaporeans are famous in countries
like Malaysia and Australia for being avid punters.
Yeo
said steps will be taken to limit access to the casinos
by Singaporeans, and to keep organized crime out of the
business.