Posts Tagged ‘casino strip in india’

What will happen to the online casino industry if the likes of Sheldon Adelson get involved

The online casino industry has been around for a good ten years now but the likes of Sheldon Adelson and Steve Wynn the men behind the creation of the Las Vegas strip, have not got involved yet. What will happen when they do?

When the online casino industry first got started Party Gaming and Intercasino were the main people involved now there is thousands of online casinos. The big players of Las Vegas land casinos have not yet got involved and when they do the online casino industry is set to change. There have been talks of Harrahs getting involved and are currently working on their online casino creation. Whether they dominate the whole industry like they do in the land casino business is not yet certain. Fears for many casino online operators is that the budgets and credit they work with will be hard to compete with and their strong branding is sure to attract many punters. When talking to online gamblers they are hoping for fantastic graphics with amazing casino lobbies which can be walked around with an avatar like in the world second life. This is what they want them to create this will allow online gambling to take on a whole new form, whether or not this will actually happen is not certain. Sheldon Adelson and Steve Wynn have not pushed hard to get involved in the online industry but stuck with what the know best the land casinos plus they currently have their work cut out for them with the turning of Macau into the next Las Vegas over the past couple of years and Sheldon Adelson now talking of creating a huge casino strip in India to rival Macau and Vegas. We are certainly in interesting times and the online gaming industry is on the brink of computer technology.

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Casino strip in India to be built by Sheldon Adelson

Sheldon Adelson is thinking of building a casino strip in India, Las Vegas Sands would have to spend $12 billion to build it and would be a similar construction to whats been done with Macau.”We would be happy to spend $12 billion there” Adelson commented about the worlds second most populous nation with the first being China.

Adelson opened the first foreign owned casino in Macau in 2004 ending Ho’s monopoly over Macau.  Adelson believes the same can be done with India and has had talks with the Indian tourist minister and other officials who would be involved with the go ahead of such an operation to build a casino strip in India.

India would be a great place for a casino strip many individuals involved in the gaming market have commented due to the shift in income from the UK and USA to India with huge call centres and outsourcing projects being conducted in India, there is alot of money there at the moment.

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