Trump Eyeing Online Casinos - Saturday 12th of March 2005

Donald Trump had a foray into the land based casino business and has recently set his sights for the online casinos it has been reported. The online casino business has been flourishing and is responsible for taking a portion of business away from Atlantic City casinos and other gambling destinations within the US. The Atlantic City casinos recently reacted against a new gambling bill that was designed to allow land based casinos to open online casinos as well. So far only the Trump Casinos in Atlantic City have taken interest in the opportunity to open online casino counterparts.

If the bill is passed it will mean that the land based casinos operating in Atlantic City will have the option to set up an online wagering system whereby players can place electronic wagers over the internet on games taking place at the land based casino. Home Network Gambling Inc. of Las Vegas conducted a private demonstration of its live remote wagering system in front of the Trump executives in order to demonstrate exactly how the system works. This system will effectively enable online casino gambling based on events happening in the land based casino.

So far there has been across the board opposition to the Internet gambling bill from most of the big backers of land based casinos. But Trump seems to be looking in the other direction and is considering the new opportunity to integrate the online casinos with the land based casinos. Mark Brown, chief operating officer of Trump Hotels & Casino Resorts had this to say: "Other online casino companies are light years ahead of us on the Internet and we're just trying to understand what's out there." He also pointed out that Harrah's Entertainment and MGM Mirage also feature gambling on the Internet.

Gamblers using the Home Gambling Network can use their telephones, the Internet or other electronic device to bet on actual, live casino table games as they are happening. The system is also set up to transmit live broadcasting of the events as they occur inside the land based casino live. Wagers would be placed through an instant online banking system that operated via the internet. It is yet to be determined whether Trump will push forward with the online casino plans.
 

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