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Archive for December, 2008

Hop-on Announces Android Gambling

Thursday, U.S. cell-phone developer Hop-on announced plans to unveil cellular-gambling software for the Linux-based Android Platform. The unveiling will take place next month at the Consumer Electronic Show in Las Vegas. Android is a 3G-networked software platform and operating system, which was initially developed by Google and later became the brainchild of the Open Handset Alliance – a 34-member consortium of handset makers, application developers, mobile carriers and chipmakers. The Hop-on software will offer Android users video games as well as live-streaming baccarat, poker, blackjack and roulette and will feature open-source licensing, the company said. The news comes as analysts  [ Read More ]

Larger Than Expected Attendance for IGE

Clarion Gaming reported last week that industry buyers have already ordered a record number of entry badges for its 2009 International Gaming Expo. According to a company press release, pre-registration is up 34.1 percent from this time last year (11 weeks from the event). “Our pre-registration data confirms the value of creating an event which embraces land-based casinos, remote gaming, low-stakes gaming, iVTs and ancillary products," IGE marketing manager Charlotte Skinner said. "Visitors to IGE will have access to a universe of gaming equipment systems and platforms all in a single location. The spike in our pre-registration figures reflects IGE’s  [ Read More ]

Nevada OKs Dubai-Grand Deal

The Associated Press reported Friday that Nevada officials have approved a proposal to allow Dubai World to acquire a larger stake in MGM Grand Inc. Dubai World, the Dubai government’s investment arm, is seeking to increase its total holdings in MGM Grand from 9.4 percent to 20 percent. MGM Grand is pursuing the deal to offset losses to its plummeting stock price, which has dropped more than 90 percent from a 52-week high last year of $93.19 to its current price of $8.79. Thursday alone, the company’s stock price dropped $1.41 from $10.20. Jim Murren, the chief operating officer who  [ Read More ]