World’s Richest Casino Exec Opposes Online Betting
The world’s richest casino executive and chief of the Gambling Industry’s largest publicly traded company has decided to come out publicly against online gambling.
Sheldon Adelson, the chairman of the billion dollar casino chain, the Las Vegas Sands Corporation, has revealed that he is totally opposed to online gambling due to the fact that he believes that available technology is not yet secure enough to stop young people from wagering on the Internet.
Sheldon met with Republican leaders last week in an attempt to convince them not to support the introduction of a legalized and regulated online gambling industry in the United States.
A spokesperson for Adelson, Ron Reese, reported that the 16th richest man in the world’s viewpoint did not reflect the opinion of the Las Vegas Sands Corporation but is his own observation of concerns about technology.
Chief Executive Officer of the American Gaming Association, Frank Fahrenkopf, revealed that he had met with Adelson recently and was told by him that he would oppose any legislation to legalize online poker in the United States. Fahrenkopf added that Sheldon was perfectly within his right to make such a decision as he has had concerns about this issue for a long time.
The American Gaming Association, at the discretion of their board of directors, will carry on supporting federal legislation for states to be allowed to license and regulate online poker.
According to Fahrenkopf, the association would like federal legislation that permits states to make the decision whether or not to offer poker to its residents and prevents children from gambling online.
Cirsa to be provided with Gaming Software from Microgaming
Popular Spanish online casino operator CIRSA has been licensed by world leading online gaming software provider, Microgaming, and will in future offer Microgaming’s top quality portfolio of casino games.
CIRSA is one of Spain’s most popular online gaming operators and the site’s target audience is the Spanish market.
The Spanish online casino operator is expected to launch its Microgaming-powered online gaming site on the Cirsa.es domain which will feature online casino, online bingo games and online poker. The new site will also offer online sports betting with a Spanish focus in an attempt to target Spanish online gaming fans.
Leading online casino and gambling operators who are looking to expand further into Europe are finding the recently regulated Spanish online gambling market a huge attraction.
CIRSA signed a sponsorship agreement with Spanish La Liga football club earlier this year and therefore already has a presence in the Spanish gambling market. The online casino operator is aiming to make a name for itself as a leader in the entertainment and gaming sector in the regulated Spanish online gambling market.
A spokesperson for CIRSA revealed that they had chosen Microgaming to power their new online casino, bingo and poker site due to Microgaming’s world-wide reputation for innovative and high quality online gaming content. He added that Microgaming’s experience offered them a very attractive proposition and that the opportunity to offer Microgaming content to their players is very appealing due to the fact that their ground breaking software is unparalleled within the industry.
Roger Raatgever, CEO for Microgaming, said that they were thrilled to be working with CIRSA who is a well known name in the gaming industry.
