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Regulators brace for crash

Posted At : April 8, 2009 04:02 PM | Posted By : D McKee
Related Categories: Regulation,MGM Mirage,Economy,Mississippi,Entertainment,The Strip,Technology

Wow.

I'll say it again.

Wow. It wasn't that long ago that the prospect of multiple major casino bankruptcies was unthinkable to a degree that words cannot convey. Even now, after weeks of bad news followed by worse news, the enormity of the present collapse didn't really sink in until the Reno Gazette-Journal reported that the Nevada Gaming Control Board has formed a special crisis unit to handle an anticipated series of bankruptcies. I daresay the NGCB probably never thought it would have to clear the decks for multiple crash landings like these.

Big deal? The Sun Herald of Biloxi is practically squeeing over the arrival of some A.C. Coin & Slot products that offer communal bonus rounds. (The story reads more like advertorial copy than serious journalism.) What I find interesting here is that the shared bonus round is something I've heard used as a selling point for server-based gaming. So, if it can be accomplished with conventional slot technology, why retrofit your floor for SBG? The casino crash isn't going to smother SBG in the cradle but it's definitely going to subject it to a very prolonged infancy.

A.C. Coin, meanwhile, is making inroads with these slot banks. In the Vegas area, "Super Bankroll Bonus" is in 14 casinos and not a grind joint in the bunch. "Slingo Bonus Deluxe" is on 11 Vegas gaming floors with Bellagio and Mandalay Bay soon to join them.

Meet the New Vegas, same as the old Vegas. Or so one entertainment scribe contends.

Comments (Comment Moderation is enabled. Your comment will not appear until approved.)
mike_ch's Gravatar The constant grinding against SBG is probably the one recurring theme on this blog that gets me started.

It's unfortunate I can't explain or attempt to counter due to a conflict of interest, though.
# Posted By mike_ch | 4/9/09 10:17 PM