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U.S. DIGITAL TEAMS WITH L.A. BUSINESS JOURNAL IN POKER CONFERENCE VENTURE

Monday  September 19,2011 : Online gambling industry platform provider in Californian initiative
 
U.S. Digital Gaming is an American online gambling platform provider that is becoming increasingly noticeable in the business although it was only founded two years ago.
 
The name repeatedly crops up in both federal and intrastate legalisation moves as its management tries to position the company to best advantage in the event that the United States departs from its presently hostile stance and goes down the legalisation path.
 
The latest of these "look at me" tactics is a joint initiative with the respected Los Angeles Business Journal to present a roundtable discussion on the impact of legalised online gaming in California and beyond.
 
"In an unprecedented collaboration to bring gaming industry, business, entertainment and civic leadership together at the same table, the roundtable event will provide stakeholders and business leaders with deeper insight into the issues pertaining to the impact of legally-compliant online gaming in the local, regional and national business community," a statement from the company announced over the weekend.
 
California is probably a good choice on which to focus; the state desperately needs more tax revenues, and two poker legalisation proposals are currently vying for the attention of lawmakers, backed by vociferous and competing business groups.
 
The Beverley Hills-based company, which has developed a proprietary internet gambling platform, was founded mid-2009 by former casino executives Richard Baskin and Scott Painter, led by Richard Bronson, who formerly ran development operations at Mirage Resorts.
 
The founders reportedly have strong investment backing and have gathered around them an impressive and diversely disciplined group of professionals who are experts in key fields, and are committed to the founders' ambitions to develop responsible, profitable and legally compliant online gaming in the United States.
 
In June this (2011) year Jon Richmond, a former entertainment industry executive, was appointed as chief executive officer.
 
Commenting on the new venture with the LA Business Journal, Richmond said this week: "The potential legalization of online gaming in California will have a ripple effect throughout the State and around the world. From our state budget to the existing gaming industry and the emergence of new technology and entertainment content, now is the perfect time to bring this issue to the forefront of the business community."
 
Set for October 20, 2011 in Los Angeles, the number of topics that the roundtable will address will include the issue of interstate versus intrastate legalization; California's role as a gateway to legalization; the influence of California's numerous industry and non-industry stakeholders; and the business opportunities and challenges that legalisation will present California businesses.
 

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Gambling News :

IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

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Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

Lightning Box Games in Deal With Everi Games - Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.

Storspiller HighRoller Casino Launches - Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month.

Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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