Cantor Gaming - the Nevada based gambling technology developer and affiliate
of Cantor Fitzgerald - has been recommended by the Nevada Gaming Control Board
to be a licensed manufacturer of remote gambling devices, as well as oversee the
distribution of the soon-to-be-seen handhelds. Cantor Gaming was
responsible for recently leading a legislative campaign to pass laws that would
legalize wireless gambling - what some opponents were trying to label as
legalized online casino gambling. And now that Nevada has become the first
U.S. state to permit remote gambling, Cantor Gaming may also be a first in terms
of making the hi-tech devices a reality.
Remote gambling from handheld devices, for those who don't know, is now a
regulated activity that allows land-based casinos in Nevada to offer casino
guests the opportunity to gamble via handheld devices in public areas of the
casino resort, such as in restaurants or by the pool. Remote gambling is
not permitted in secluded areas, such as hotel rooms or other secluded areas on
resort grounds. Certain games are permitted on the devices, such as
blackjack, bingo, horse betting and poker.
Although it appears very likely Cantor Gaming will get the green light to
start manufacturing the devices, the Gaming Control Board recommendation still
must be approved by the Nevada Gaming Commission, which will be the final word
on the matter. A meeting is already scheduled for May 18, after which
Cantor may begin their operations. Cantor will not be wasting any time at
all getting started once the approval goes through, for they have made it very
clear they plan to invest large amounts of capital in the newly spawned
industry. The targeted demographic of gamblers will likely be those in
their twenties and thirties. Considering those who fall in this age range
will be more familiar with and inclined to use the new technology - which is not
that much different than video games - the prospects look good for remote
gambling.
However, some casino operators, like Boyd Gaming, are skeptical about remote
gambling, and are doubtful that the demand is there to warrant the offering of
handheld gaming devices. Other casino operators, such as Harrah's, MGM and
Station Casinos are open to the idea, but are still waiting to see how well the
devices do at competing casino resorts. A likely candidate for offering
the devices may be Foxwoods Casino, who already has incorporated the PlayAway
system - actually more like online gambling than remote betting in that it
enables bettors to gamble from home computers. See recent news articles
for more information on the PlayAway System.