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Mar 14, 2017  

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img The company received certification under GLI-11, the most widely accepted gaming standard, permitting it to sell its machines in most gaming jurisdictions that already allow slot machines and electronic table games. GameCo, which is headquartered in New York City, will still need approval from Nevada gaming regulators before its VGM, an arcade-style cabinet featuring a single-player, 30- to 90-second video game, can be put on Las Vegas casino floors. Obtaining Gaming Laboratories International certification for the VGM is a huge milestone for GameCo, and for all skill-based gambling products, Blaine Graboyes, CEO of GameCo, said in a statement. GameCo is betting its machines will attract millennials that have shied away from the traditional slot machines and gaming tables offered at casinos. The VGM, which uses a console similar to video games, allows skill to determine the payout and winnings while maintaining the same casino economics as a slot machine. The VGM is currently operating only in Atlantic City, where it made its casino debut in November 2016 on properties owned by Caesars Entertainment under a transactional waiver. GameCo expects to receive permission next month to expand into Connecticut and plans to be operational in most major U.S. gambling jurisdictions in the next year, the company said in the statement. The company did not give sales figures.

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USFK/Yonhap via REUTERS 1/3 left right Terminal High Altitude Area Defense (THAAD) interceptors arrive at Osan Air Base in Pyeongtaek, South Korea, in this handout picture provided by the United States Forces Korea (USFK) and released by Yonhap on March 7, 2017. USFK/Yonhap via REUTERS 2/3 left right A Terminal High Altitude Area Defense (THAAD) interceptor arrives at Osan Air Base in Pyeongtaek, South Korea, in this handout picture provided by the United States Forces Korea (USFK) and released by Yonhap on March 7, 2017. USFK/Yonhap via REUTERS. 3/3 By James Pearson and Ju-min Park | SEOUL SEOUL The United States started to deploy the first elements of its advanced anti-missile defense system in South Korea on Tuesday after North Korea's test of four ballistic missiles, U.S. Pacific Command said, despite angry opposition from China. The announcement came as North Korean state media said leader Kim Jong Un had personally supervised Monday's missile launches by an army unit that is positioned to strike U.S. bases in Japan, stepping up threats against Washington as U.S. troops conduct joint military exercises with South Korea. MORE FROM REUTERS.COM Alec Baldwin says Trump impersonation revived his comedy career "Continued provocative actions by North Korea, to include yesterday's launch of multiple missiles, only confirm the prudence of our alliance decision last year to deploy THAAD to South Korea," U.S. Pacific Commander Admiral Harry Harris said in a statement, referring to the Terminal High Altitude Area Defense (THAAD) anti-missile system.

State law now funnels a small share of gambling proceeds to programs that fight gambling addiction, but the lawmakers clearly consider gambling-caused social dysfunction to be incidental damage. They rarely have hesitated to expand gambling in search of new classes and generations of gamblers. About 7 million Americans are addicted gamblers, according to the National Council on Problem Gambling. Whereas casinos exclude known gambling addicts and the state offers treatment, the states relentless gambling expansion inevitably creates more addicts. That likely will become even more of a problem if the state facilitates internet and sports fantasy gambling. March is Problem Gambling Awareness Month, during which lawmakers and Gov. Tom Wolf should consider that gambling expansion is about much more than state revenue. We welcome user discussion on our site, under the following guidelines: To comment you must first create a profile and sign-in with a verified DISQUS account or social network ID. Sign up here. Comments in violation of the rules will be denied, and repeat violators will be banned.

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