Posts Tagged ‘Stadium Technologies’

Ladbrokes Makes Move Into American Online Gambling Market

Friday, January 20th, 2012

Operators across Europe are working hard to get into America’s online gambling market. Ever since the Department of Justice announced that the Wire Act would no longer apply to most forms of online gambling, gaming companies have been scrambling to become a part of America’s online gambling world.

Ladbrokes is the latest company to attempt to enter the American gambling market. The UK-based operator recently spent £2 million on a 65% stake in Stadium Technology Group. The company is responsible for the IT departments in some of Las Vegas’ biggest casinos, including Treasure Island and the Golden Nugget.

Working with an American company seems to be safest bet for international operators. By entering the market on their own, they could face isolation and even legal repercussions. Companies like PlayTech and IGT have also gone this route.

This puts Ladbrokes in the perfect position to enter the American online gambling market. Las Vegas is one of the states that is closest to offering online gambling, and Ladbrokes will be in the ideal place at the right time.