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Vegas Now Using Contactless Payments

2/24/10 - eMoney News reports that the added security of contactless smart card payments make this facility a better bet for punters, and that it is already making inroads into the market in Las Vegas.
 
Contactless payment systems (also known as "touch and go") are credit cards, key fobs, smartcards or other devices which use RFID (radio-frequency identification) for making secure payments. The embedded chip and antenna enable consumers to wave their card or fob over a reader at the point of sale. 
 
Some suppliers claim that transactions can be almost twice as fast as a conventional cash, credit, or debit card purchase. Because no signature is typically required for purchases under US$25, research indicates that consumers are likely to spend more money due to the ease of small transactions.
 
Gamblers will be able utilise a multitude of cashless payment options on new Internet Lottery Terminals (ILTs), with sixteen separate games available on the web-based server, Your Guide has reported.
 
Additionally, using the cashless payment services will allow players to take advantage of financial and accounting tracking systems so that they are aware how much money they have spent or won on the machine.
 
The January edition of Popular Mechanics reported that contactless devices are currently helping Las Vegas casinos to track their accounts in real-time.  According to the publication, this is helping management to track money in the casino and prevent the use of fraudulent chips.
 
The latest Internet Lottery Terminals are offering gamers the option of paying contactlessly, according to Squidcard.com. Sixteen separate games are currently available on a Web-based server that accepts a multitude of cashless payment forms. The server will also enable players to track how much money they have spent or won on a particular machine.

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Gambling News :

IS DAN BILZERIAN A POKER FISH? - Dan Bilzerian, the high profile Instagram legend, jet setting playboy and allegedly deadly online poker player who claims he accrued a $50 million fortune playing the game,

Vegas Crest online casino adds 30 new games - The Vegas Crest online casino has announced the addition of 30 new video slots to its games inventory from developers GameArt and Xplosive.

AMAYA C.F.O. RETIRES - Daniel Sebag, the Amaya online gambling group's first and only chief financial officer with ten years’ service under his belt, has retired, according to a company announcement Friday.

Is Sheldon Adelson in Favor of Trumo - With the inaugural presidential lunch coming to a close Friday afternoon, US Congressional reporter Paul Kane offered an interesting tweet, noting:

SD618 Massachusetts Online Gambling bill Updates - A few more details have emerged on Sen. Bruce Tarr's new online gambling legalization bill SD618 just filed in the Massachusetts Senate.

2017 $25,000 buy-in Aussie Millions Challenge event results - Taiwan poker pro James Chen has emerged victorious in the $25,000 buy-in Aussie Millions Challenge event after besting a field of 133 at the Crown in Melbourne.

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

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