Vegas casino CEO
not a fan of online casino gambling
boss of Las Vegas Sands, Sheldon Adelson, is not a fan of online
casino gambling, according to a statement released by his
spokesman. Adleson, the billionaire CEO of Las Vegas Sands, one
of the biggest land-based gambling companies in the world, is
against the development of online betting and gambling, le
learned through a release by his spokesman Ron Reese. The CEO of
the gambling company believes that the technology is not
developed enough to avoid allowing underage gamblers to take
advantage of future online casino and sports betting services.
According to his spokesman, this is
Adleson personal opinion and does not reflect the current stand
or future plans of the company, whether to enter or not the
online casino markets, if favorable legislation permits. The CEO
has not addressed the company's board with his opinion on online
casino gambling, either.
The current legal situation in the
United States only allows horse racing betting online and from
certain states only. Many organizations and politicians are
looking for a way to legalize online poker and gambling in
general, some local officials viewing online casinos as a way to
boost the state coffers in the form of taxes and fees, which
otherwise go to offshore countries, like Antigua, that have long
established a more liberal position towards internet gambling.
The current online gambling market in the U.S. is estimated in
the hundreds of millions of dollars.