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Most Recent Online Casino News
Integrated Resorts Set Stage
Specialist infotech firms offering niche solutions for casino
operators could hit the jackpot once the two integrated resorts come up
in Singapore.
Anurag Agrawal, chief operating officer of New York-based Access
Markets International Partners, told BT in a phone interview that
typically about 10 per cent of the overall cost of an integrated resort
would go into technology solutions.
'New technology like RFID (radio frequency identification) is now
entering the casino business,' Mr Agrawal said.
'RFID embedded into gaming chips tracks the chip's journey across the
casino and can be used to prevent fraud, counterfeiting and other ills
that loom in a typical casino operation.' A case in point: The Wynn Las
Vegas, a US$2.7 billion mega-resort set to open this month, will have
betting chips with RFID built in. The 'smart' chips alone cost US$2
million, double the cost of ordinary betting chips. It is estimated that
The Wynn will have US$15 to US$25 million worth of tech solutions.
'The US$2 million price for the smart chips excludes additional
equipment The Wynn will need to purchase, such as RFID readers,
computers and networking gear,' CNet News reported. 'RFID could also
help casinos catch card players who sneak extra betting chips on to the
table after hands are dealt - or players who count cards. That's one
reason the Hard Rock Hotel and Casino in Las Vegas switched on a new set
of RFID-equipped betting chips and tables in March.'
'The overall gaming market is worth about US$10
billion, including casino gaming, online gaming and online gambling,'
according to Chimera, a Nevada-based gaming and e-commerce firm.
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IT AsiaOne
2004 Online Casino News Archive
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