Foxwood Casino Developing Online Gambling Venture

15 November 2010

It looks like another big brick and mortar casino is looking into building its own online gambling site. The Mashantucket Pequot Tribe owed Foxwood Casino announced that’s its developing department, Foxwoods Development Company LLC, is planning to partner with Goodson Gaming to build its own online gaming presence. The joint venture will be called Velocity Gaming.

Goodson Gaming includes television producer Jonathan Goodson whose credits include The Price is Right and Family Feud along with Gaming Solutions International who for the last 25 years has provided start up lottery services in the U.S. and around the world.

In a statement released in a press release, Jonathan Goodson Chairman of Goodson Gaming said,

“Foxwoods Development Company and Goodson Gaming bring a plethora of experience in gaming, lottery, and mass media. I have no doubt that combining Goodson Gaming’s proven success in launching lottery game shows worldwide with Foxwoods Development Company’s gaming expertise will create an unmatched force in the interactive gaming world,” said Jonathan Goodson, Chairman of Goodson Gaming.

And Foxwood Development added,

“Velocity Gaming brings together industry leaders in gaming, television game show production, and global lotteries in order to produce an unparalleled combination that will generate product awareness, drive incremental game play, and create new and exciting customer experiences in the Interactive gaming world.”

What does these mean as far as U.S. turning to regulation of online gambling? Right now that is still speculation but it seems a lot of brick and mortar companies have aligned themselves with online gambling companies as of late. Some say that if you “follow the money” it all leads to some sort of change in the U.S. stance to online gambling in the near future.

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