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MGM Mirage ending venture in Internet gambling
MGM Mirage, which announced in April that it would partner with the New York Racing Association in operating 4,500 video lottery terminals at Aqueduct, is discontinuing its Internet gambling site at the end of June, citing uncertainty over the future of online gambling.
The Las Vegas-based entertainment, hotel, and gaming company launched the first Web gaming site operated by a major United States casino.
Congress is currently considering a bill to ban online gambling in the United States by barring the use of credit cards to place bets.
"In our ongoing dialogue with members of Congress, we found those discussions to be extremely disappointing with regard to the fact that the technology [to regular Internet gambling] is there and that millions of people are gambling online every day," Alan Feldman, MGM Mirage spokesman, told the Las Vegas Sun.
The MGM Mirage site, based in the Isle of Man off the British coast, blocked wagers from the U.S, where Internet gambling is currently illegal, even though U.S. gamblers account for as much as 70% of all Internet wagering through sites based in other countries.
MGM Mirage, which announced in April that it would partner with the New York Racing Association in operating 4,500 video lottery terminals at Aqueduct, is discontinuing its Internet gambling site at the end of June, citing uncertainty over the future of online gambling.
The Las Vegas-based entertainment, hotel, and gaming company launched the first Web gaming site operated by a major United States casino.
Congress is currently considering a bill to ban online gambling in the United States by barring the use of credit cards to place bets.
"In our ongoing dialogue with members of Congress, we found those discussions to be extremely disappointing with regard to the fact that the technology [to regular Internet gambling] is there and that millions of people are gambling online every day," Alan Feldman, MGM Mirage spokesman, told the Las Vegas Sun.
The MGM Mirage site, based in the Isle of Man off the British coast, blocked wagers from the U.S, where Internet gambling is currently illegal, even though U.S. gamblers account for as much as 70% of all Internet wagering through sites based in other countries.
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