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Growing competition is forcing eastern Connecticut land casino to consider online gambling and other changes.
Scott Butera, the chief executive of Foxwoods Resort Casino in eastern Connecticut says rising competition is forcing the company to consider online gambling and other changes.
Butera gave his opinions and thoughts on the issue during a web-based discussion Thursday with The Day of New London, pointing out that supply in the land casino business is clearly outpacing demand, creating increased competition, reports the Associated Press news agency.
Gambling has been legalised in Massachusetts and casinos in New York are taking a greater share of the market, he said, opining that additional venues and online gambling would have to be a part of Foxwoods' future.
Earlier this year the British online gambling group Sportingbet plc, which made its final exemption from US prosecution payment to the DoJ last month, was reported to be making good progress in collaborative negotiations with Foxwoods.
The British media reported that Sportingbet's talks with Foxwoods were at an advanced stage and involve the possibility of Sportingbet providing an online platform for intrastate poker and casino games over the coming months as part of a joint venture...clearly contingent on legalisation.

Gambling News :

PokerLion Joins Microgaming Poker Network - PokerLion roars into life on the MPNís Indian Poker Network. Microgaming welcomes PokerLion to the MPNís growing Indian Poker Network.

Danske Spil Bingo Moves to Microgaming - The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.

Quickfire live on Strendus - Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.

$2 Million Added to partypoker Guarantees - Almost $2 Million Added to Guarantees During First Ever Super Sunday

Quickfire content live on BetatHome - Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.

Microgaming has donated £30,000 between four charities - Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.

Entertainment Betting Odds: 90th Academy Awards - The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.

New era of poker in Baltics with The Kings of Tallinn - The Main Event at the festival has already attracted big names like Juha Helppi and Kimmo Kurko. These two are Finlandís all-time poker tournament winners.

Fair Play Bets and QuickFire in Deal - Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.

Cavaliers Aim to Take Down Wizards on 2/22/18 - The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.

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