Issue 294
May 1 - May 7, 2006
Volume 6
page 2
 

Mobile Gambling Touted as Next Big Thing
As Reported by Telecom Asia

HONG KONG – As reported by the Telecom Asia: "Mobile gambling is touted as one of the big revenue drivers for mobile data services in the next five years. But it's not easy money, and the house is the big winner, so the real value for cellos may be in 3G-based VAS packages that maximize 3G's multimedia channels to deliver a rich experience

"Mobile gambling isn't a new thing to the wireless industry. It's been around for years in one form or another.

"…Inevitably, the emergence of sophisticated handsets and advanced mobile data services is already taking mobile gambling services and apps to new levels. Today, users can download Java-based gambling apps over higher-speed wireless networks.

"As 3G networks become mainstream and handsets with advanced Java and video capabilities, many believe that such trends will help mobile gambling grow sharply over the next few years.

"One source of optimism for mobile gambling enthusiasts is, of course, the rapid rise of remote gambling on the Internet, which has opened up sports betting and casino-style gaming to a mass-market audience.

"…Estimates on the size of the mobile betting market vary widely. Figures from Informa Telecoms & Media indicate that the global mobile gambling revenues will grow from $1.2 billion in 2005 to $7.6 billion in 2010, split across the chief categories of sports and spread betting, mobile lotteries and scratch-cards, and casino and skill games. Juniper Research is even more bullish, predicting that global mobile betting will grow from $2 billion last year to $19.3 billion by 2009, with mobile lotteries becoming the most popular form of mobile gambling.

"Either way, Asia is pegged as a key market for mobile gambling over the next few years. Informa says mobile gambling in Asia will grow from $426 million to $2.7 billion by 2010, making it the second largest market for mobile gambling after Europe. Juniper Research reckons that Asia will see strong growth of mobile lotteries, due to the strong culture of lottery in the region - and because most lottery apps don't require 3G capabilities to succeed.

"…The relationship between mobile gambling growth and regulatory climates is clearly illustrated in Europe. Mobile gambling is gaining traction there at rapid rates, largely due to more relaxed legislation…"

 

 

 

Foxwoods Heads to Coast
As Reported by Mississippi Sun-Herald

BILOXI, Mississippi -- As reported by the Mississippi Sun-Herald: "The Mashantucket Pequot Tribal Nation, which owns Foxwoods, the world's largest casino resort, is bringing its brand to Biloxi.

"Its expansion company, Foxwoods Development Group, plans to invest $400 million for a casino resort at the site of the Broadwater Hotel. The company has reached a deal to buy 15 acres on the north side of U.S. 90 from W.C. "Cotton" Fore and Roy Anderson III.

"The property will be called Foxwoods Resort Casino at Broadwater Beach. The company planned today to apply for site approval with the Mississippi Gaming Commission, said Gary Armentrout, chief development officer for the expansion company.

"...Foxwoods is the second casino company to announce plans to come into the Biloxi market since the hurricane..."


Boyd Officials React to Limerick Decision
As Reported by The Mercury

LIMERICK, Pennsylvania – As reported by the Mercury: "Officials from Boyd Gaming Corp. say they are disappointed by Tuesday's news that the Limerick supervisors do not want a casino within their township's borders.

"In an interview with The Mercury, three of the supervisors said they did not feel Boyd's proposal for a slots parlor off the Sanatoga exit of Route 422 was the right move for the community.

"Rob Stillwell, a spokesman for Boyd, said the company has made every effort to cooperate with township officials and provide information.

"…With the casino proposal, Boyd is promising about 1,500 jobs as well as a share of its revenues -- up to $10 million a year -- to Limerick Township. In an effort to make their intentions transparent, Boyd launched a Web site in March. There, visitors have been able to learn about the proposed project and read news and reviews about the company and its track record.

"In addition, Boyd officials had scheduled a public forum for interested members of the community which it later canceled, wanting its engineers to thoroughly hammer out what many felt to be the No. 1 concern -- traffic.

"…Citing their reasons for opposing the casino, the supervisors said they felt Boyd had not adequately addressed traffic.

"…'We thought we had a working relationship with the local government,' Stillwell said…"

JuJCharlie Murphy

The Cabaret Theatre at Mohegan Sun: Actor/writer Charlie Murphy is best known for his work on Comedy Central's Chappelle's Show. May 15-16, he will be recounting the tales from his adventures as a bodyguard for brother, Eddie Murphy.

Date: Monday-Tuesday May 15-16, 2006

Time: 7:30 pm

Ticket Price: $30

For more information: (860) 886-0070

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