Month: April 2014
Rensselaer looks to get an overhaul with the addition of a new casino by a scenic vacant site on the river. Working hard to introduce a functioning casino in this historic capital region, Mayor Dwyer has battled several let downs and last minute exists by gaming companies looking to expand their businesses.
In his ninth-year run at the office Dan Dwyer, is keen on improving economic situation in his home town in an effort to make Rensselaer a better place. A retired veteran Air Force Pilot and international commercial pilot for Pan Am, Dwyer is headstrong and set on bringing a casino into his home state under his watch.
Dwyer’s recent talks and ties with Chickasaw Nation’s Global Gaming Solutions and Hard Rock International, through representative David Flaum; has led to plans of building an entertainment and casino centre at the prized location.
The Hard Rock Hotel and Casino set to be built along the banks of the Rensselaer River is an estimated $280 million project. It will immediately begin work once the state approves licensing of brick and mortar casinos in the region.
How will the city benefit?
New casino in the region estimates a $5.7 million annual revenue mark-up that will put into effect several pending re-developmental efforts to enhance current infrastructure in the area. In addition, the new casino is certain to generate jobs and improve unemployment conditions in the city state at the moment.
It will also lower taxes, allowing poor citizens to focus better on gaining lawful employment and improve their future.
Dwyer is set to meet the Gaming Facilities Sitting Board soon that will decide the fate of Rensselaer, by giving out its thoughts on the Mayor’s request for a state-regulated and approved casino.
The Chief Executive Officer of Net Entertainment, a company that distributes gaming systems for the mobile platforms, was speaking about the industry’s growth. He believes that moves being made my mobile companies, such as Apple and Samsung, are only going to benefit their industry.
With many great phones available to customers for decent prices, they will be able to enjoy casino games wherever they are. Someone who buys the latest iPhone or Samsung Galaxy smartphone will be able to download a casino game and play it on the bus, subway, while walking to work, or at a local bar. The CEO, Per Eriksson, said that as mobiles continue to advance and reach more customers, it means mobile casinos are increasing their market share.
For a company such as Net Entertainment, mobile casinos already make up close to 13% of their market share. This is still significantly lower than desktop gaming, but it is catching up quickly. A few years ago, it was less than 5%. There has been a drastic shift in attitude towards mobile casinos, with more people realizing the usefulness of being able to play these games on the go.
Mr. Eriksson believes that in five or six years, the market share will be closer to 50% or 60% for mobile gaming. He thinks that a lot of customers are going to make a permanent shift from desktop casinos to mobile casinos. Instead of opening up a laptop or sitting down at their desktops, customers can pull out a smartphone and play while watching TV or sitting in the back yard.
Per also spoke about mobile payment solutions, saying they were already very secure. Customers had great trust in these payment solutions, knowing that their money is safe. There is likely to be change in that field, with Bitcoin mobile casinos set to enter the market over the next one or two years.
With around 16.2 billion dollars’ worth of transactions in the past year, Net Entertainment is very well placed to know all about the desktop and mobile casino industry right now.
For more information on this story, click here.