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BALLY TO PROVIDE ACEP IGAMING PLATFORM IN NEVADA
Monday September 24,2012 : BALLY TO PROVIDE ACEP IGAMING PLATFORM IN NEVADA (Update)
Free-to-play conversion to real-money when regulations allow
Putting speculation to bed, ACEP interactive, the iGaming arm of American Casino and Entertainment Properties (ACEP), has entered into an agreement with Bally Technologies who will provide ACEP and its terrestrial casino properties with an iGaming platform following the award of an interactive gaming operator licence from the Nevada Gaming Commission .
ACEP properties comprise the Stratosphere Casino, Hotel & Tower, Aquarius Resort and Casino, and the two Arizona Charlie’s casinos.
“We are excited about the opportunity to partner with a premier gaming operation and a globally recognized brand like the Stratosphere,” said Bally Technologies’ vice president of business development John Connelly. “What makes this even more significant is the fact that ACEP is located in Nevada, one of the only approved and regulated markets within the United States.”
ACEP chief executive officer, Frank Riolo confirmed the establishment of a play-for-free poker site by year end allowing the company to instantly launch real money play once permitted.
Earlier this year, Bally Technologies became the first company licensed in the United States as an interactive gaming system manufacturer and service provider.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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