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Mar032010

Nevada Remote Gaming = jobs

DateWednesday, March 3, 2010 at 12:34

          More than ever, Nevada must act to cultivate a thriving and globally competitive economy with a diverse business base, enabling job growth and prosperity.  We will not get ourselves out of this economic recession by competing with dozens of other states to lure large, multi-national corporations to locate here.  Rather, we must help grow and strengthen thousands of small and medium businesses that employ 5, 10 or 50 individuals in communities across the state.  Let’s start with the niche we are famous for worldwide; and launch creative new efforts to develop jobs delivering new, cutting-edge gaming products, services and experiences. 

  • Intra-Nevada Remote Gaming

          State gaming regulations should be changed to allow individuals to establish an account, then place wagers anywhere in the state using specially created wireless devices, cell phones, computers, in-home & in-room cable-TV boxes and kiosks. The bets could be on sporting events, live 2-way table games or virtual games conducted by a computerized random-number generator.  Similar systems are in-place and working well in many parts of Europe.  By doing this, Nevada companies will have increased revenue resulting in the creation of more jobs and the generation of more taxes.

  •  Nevada’s Global Innovative Gaming Initiative

          By launching Intra-Nevada Remote Gaming, we would establish Nevada as the worldwide epicenter of the fast-growing, regulated, interactive gaming industry.  California, Florida, New Jersey, Illinois, & Washington, DC - as well as the federal government - are currently reviewing legislation for allowing citizens to further utilize remote gaming. 

          The emerging regulated remote gaming market in North America alone is projected to be worth $13.4 billion in the next few years. (According to H2 Gambling Capital, London, the leading supplier of data and market intelligence regarding the global gambling industry.)

          Nevada can be the “Silicon Valley” of this new high-tech gaming industry – or not.  Thousands of jobs can be created in Nevada – or not.  As it looks right now, that’s not going to happen.  Nevada has not been encouraging, or even hospitable, to the global remote gaming industry.  This spring, the Global iGaming Summit & Expo will, for the tenth year, convene in Canada – not feeling welcome in Nevada.  That attitude must change if we are take advantage of the impending re-invention of gaming.  Remote wagering on horse racing is legal in most of the states in the US – but not here. 

          Nevada can be at the cutting-edge of this huge opportunity – or we can watch it go by and be viewed as a quaint and increasingly irrelevant part of Americana.  Those who now grow-up with i-phones and playing wii aren’t likely to be attracted to playing out-dated slot machines in our casinos when they turn 21.  But, implementing a Global Innovative Gaming Initiative is a real step to a thriving and globally-competitive economy

     Nevada can be the center-point for the impending convergence of digital entertainment, e-commerce, wireless gambling, skill-based games, person-to-person wagering, traditional casinos, virtual reality, and the use of cable and satellite TV for delivering interactive gaming content – or not.  The next Governor can make the difference.

 

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