When the annual Global Gaming Expo makes its return to the Las Vegas Convention Center on Nov. 16-18, the hottest topic will be Internet gambling.
With declining revenues at Las Vegas casinos, and growing support in Washington for the legalization of e-gaming, it’s a topic that brick-and-mortar casino operators can’t ignore. Insiders believe Internet gambling will grow by 50 percent in the next five years, and even Harrah’s, the world’s biggest casino operator, has lobbied for its legalization.
At last year’s expo, results of the annual G2E Future Watch survey revealed that 50 percent of those questioned believe e-gaming will be legal in the next couple of years, and 29 percent thought U.S. online gambling revenues could reach $18 billion to $20 billion by 2014.
The issue will be addressed at G2E with no less than seven conferences, including discussions on the history and future of the industry, charting the course of legalization, challenges facing legal operations, profiling and defining online gamblers, preparing land-based casino companies to launch online operations and the financial potential for online casino operations.