• World's Favorite Slot Sets World Record

PRIMM, Nev., Oct. 6 /PRNewswire-FirstCall/ -- A dollar Wheel of Fortune(R) slot machine set a new world record for the MegaJackpots(TM) system Sunday night when a California man won $10,745,500. The Wheel of Fortune(R) jackpot was hit at Primm Valley Casino in Primm, Nevada, at the California state line. The winner was on a golfing holiday with friends and staying at the resort. Wheel of Fortune(R) is the most successful slot machine theme ever developed. IGT (NYSE: IGT), the company that manufactures the machine, had just begun to advertise the jackpot as statistically overdue. It was last hit in May 2003 for $2.1 million. Only Nevada Megabucks(R) and Jeopardy!(R) quarters have climbed to larger jackpots. Megabucks(R) paid $39.7 million in March 2003, and Jeopardy!(R) was hit in Biloxi, Miss., in May, paying $13.8 million. [...]

> Read the full story here Source : PRNewsWire.com

• Internet Casino Takes Flier On Bus Ads

October 5, 2003 -- An online gambling company the state says is flouting the law has found a "bettor" way to drive up business - placing scores of poster-size ads on the sides of MTA buses. Offshore casino BetonSports.com is banking on the ads - part of a national campaign. The colorful ads - which tout "Sports action you can bet on" - have been plastered on the sides of 250 city buses since August. Internet gambling or placing a bet online is illegal in New York, but companies like BetonSports, which is based in Costa Rica, have skirted the law because they run their businesses offshore. [...]

> Read the full story here Source : NYPost.com

• Internet Gambling Law & Management Highlighted at IGE

NEW YORK, Sept. 29 /PRNewswire/ -- Global experts on Internet gambling law and management will convene to discuss developments in online gaming legislation, both in the U.S. and internationally, at the 1st Interactive Gaming & Entertainment (IGE) conference on November 2nd-4th at Universal's Royal Pacific Resort in Orlando, Florida. (www.srinstitute.com/ige) From gambling law and management to new business opportunities -- IGE is being heralded early on as the place to be for wireless and Internet gaming and wagering organizations around the globe. Initial inquiries and indications are that leaders from over 40 countries are expected to attend from the interactive and land-based gaming industries. Anyone with an interest in this $100 billion industry has scheduled Orlando in November as their destination. Gaming Law? It's here. Deal-making? This is the single-best forum in the world for newcomers to network with industry providers, an opportunity for experts as well as for veterans of the industry to exchange concepts, ideas, successes, failures and very much more: Topics that will be covered are accurate and expansive, with conclusions and opinions on all. [...]

> Read the full story here Source : Yahoo.com

• Nevada Casino Industry Uncertain About Schwarzenegger

Nevada casino officials, slot machine manufacturers and state regulators puzzled Wednesday over California Gov.-elect Arnold Schwarzenegger's stance on Indian gambling -- and the potential effect on the gambling industry in general. "Some see Schwarzenegger's election as an opportunity, some see it as a threat," said Bill Bible, head of the Nevada Resort Association, which represents many of the state's casinos. "It depends on where your position is in the industry." "I don't think anybody knows," added Thomas Baker, head of slot-making giant International Game Technology. "I think (the impact) is yet to be determined." Dennis Neilander, chairman of the state Gaming Control Board, said he expects Schwarzenegger will start with an assessment of Indian gambling in California and the numbers of slot machines they should be allowed -- a process that wasn't finished by recalled Gov. Gray Davis' administration by a deadline last March. "He'll have to decide whether to expand or contract (the slot numbers," Neilander said. "And we'll have to wait and see what his position is on the issue." [...]

> Read the full story here Source : SFGate.com

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