Friday, May 05, 2006 3:36:52 AM
It's is the only solution since DMOI does not have the financial muscle for a heavy investment. They have the devices/technology. They need a partner and perhaps one will come from the other two firms mentioned in the BusinessWeek/AP article. They were "Reno-based International Game Technology, the world's largest manufacturer of slot machines; and FortuNet Inc., a Las Vegas-based gambling device manufacturer."
It would be a good way to enter into the technology for those two firms without having to start from scratch. I think it is a shift in the gaming serices industry and the mode of gaming that is bound to take hold and progress. The big casinos are part shopping malls, rest & resort orientated large amusement parks now.
Think of the number of guys sitting there with their wife pratting on and on at breakfast thinking "God if I could only be playing right now and not listening to this BS about her brother George for the umpteenth time" who would pick up a wifi gaming device when they checked in and never let go of it until check out. Then there is a whole other range of personal, time and taste reasons why other folks would use one vs. going into the actual casino. Why sit in chair with all the noise around the slots when you could be at the pool playing?
It is and will be an augment and enhancement of the exisitng casino getaway experience. A good time to own some DMOI since it is the only publicly traded equity in this sector that I can find.
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