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Best of Bradley Vallerius

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Las Vegas Sands to launch online casino

5 December 2006

Las Vegas Sands shocked the online gambling world this week by announcing it would launch a real-money Internet casino for the U.K. this spring. The Sands' online venture will combine elements of its popular Las Vegas casino gaming brands and feature a full package of casino games and poker. Players in the U.S. will not be permitted to access the site.

"This is another opportunity for our company to create greater awareness of our global brands and further establish our presence and interest in the U.K. market," said Bill Weidner, president and CEO of Las Vegas Sands. "Additionally, as the Internet gaming landscape continues to evolve this effort will put us in a strong position to evaluate and react to other potential opportunities."

The Sands will base its online venture in Alderney, a British Channel Island that is widely regarded as a "tier-one" regulator of online gambling because it holds its licensees to the highest level of standards and consumer safety.

Cantor Gaming, an affiliate of financial services company Cantor Fitzgerald, has developed the software that will power the Sands' online casino. Cantor Gaming will provide software featuring Las Vegas Sands brands the Palazzo, Paiza, the Venetian and the Sands. Cantor Gaming currently operates FHM Gaming for the publisher of FHM magazine.

Las Vegas Sands will become the first U.S.-based casino company to try its luck at running an Internet gaming site for a foreign audience since Harrah's Entertainment closed scratch ticket and instant win site LuckyMe.com in October 2004 after just six months of operation. LuckyMe was based on the Isle of Man, another British Channel Island.

MGM Mirage launched a real money Internet casino on the Isle of Man in September of 2001 but closed it June of 2004 due to what a company person spokesperson described as the "unclear political and legal climate" in Washington.

Las Vegas Sands to launch online casino is republished from Online.CasinoCity.com.
Bradley Vallerius

Bradley P. Vallerius, JD manages For the Bettor Good, a comprehensive resource for information related to Internet gaming policy in the U.S. federal and state governments. For the Bettor Good provides official government documents, jurisdiction updates, policy analysis, and many other helpful research materials.

Bradley has been researching and writing about the business and law of internet gaming since 2003. His work has covered all aspects of the industry, including technology, finance, advertising, taxation, poker, betting exchanges, and laws and regulations around the world.

Bradley Vallerius Websites:

www.FortheBettorGood.com
Bradley Vallerius
Bradley P. Vallerius, JD manages For the Bettor Good, a comprehensive resource for information related to Internet gaming policy in the U.S. federal and state governments. For the Bettor Good provides official government documents, jurisdiction updates, policy analysis, and many other helpful research materials.

Bradley has been researching and writing about the business and law of internet gaming since 2003. His work has covered all aspects of the industry, including technology, finance, advertising, taxation, poker, betting exchanges, and laws and regulations around the world.

Bradley Vallerius Websites:

www.FortheBettorGood.com