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Atlantic City Approves Skill Based Slots
SKILL-BASED SLOTS APPROVED FOR ATLANTIC CITY LAND CASINOS
DGE approves GameCo slots for three Atlantic City land casinos.
In what is being hailed as a first for the United States gambling industry, the New Jersey Division of Gaming Enforcement has approved skill-based slot games developed by New York firm GameCo for use in three Caesars Entertainment-owned Atlantic City land casinos.
The machines will soon be installed at Harrahs, Caesars and Ballys according to an Associated Press news agency report Wednesday, but the machines - called VGMs - are expected to undergo several weeks of practical on-floor trialling.
Land casino operators have become increasingly interested in skill-based machines as a means to engage with the younger so-called millennial demographic, which has grown up playing skill-based video games.
Blaine Graboyes, CEO and co-founder of GameCo, said in a press statement Wednesday:
"With this approval from the DGE, the VGM is officially the first skill-based video game gambling product approved by any U.S. gaming jurisdiction regulator."
AP reports that GameCo has been competing in the skill-based sector with Gamblit, which has targeted California and Nevada with similar products. Other competitors in the space are IGT and NanoTech Gaming.
GameCos product is titled "Danger Arena," and gives players a brief tutorial on the game controls before opening the game with a map, or game scenario. This scenario will vary randomly, and constitutes the element of chance or randomness that is the hallmark of traditional slot machines. It is then up to the player to maneuver through the playing field in 45-to-90-second increments.
Each game also includes a secondary random winning opportunity, with a possible instant cash win ranging from $1 to $5,000, Graboyes explained in his statement, so that even poorly skilled players have a chance at winning, he said.
GameCos initial move into Atlantic City with the new games will see the installation of a total of 21 play stations, and the company has plans to expand further, including to other US states.
DGE director David Rebuck said:
"We have been at the forefront of encouraging innovation, and are pleased that the efforts of GameCo and division staff have culminated in this skill-based video game becoming available in Atlantic City before any other jurisdiction in the United States."
The Associated Press report reveals that Gamblit plans to debut its machines at Harrahs Rincon in southern California. After field trials, Caesars Entertainment anticipates putting machines with 125 Gamblit gambling positions into multiple Nevada casinos, and intends to put 100 more positions into additional markets in early 2017.
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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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