Fertitta Finds Online Gambling Expensive So Far

Station and Golden Nugget land operator hardly optimistic

The Sun Herald newspaper reports that Tilman Fertitta from the family that operates Station Casinos and The Golden Nugget, is less than optimistic on the immediate commercial promise of online gambling.

Addressing the Southern Gaming Summit Wednesday, Fertitta revealed that his company is losing $6 million to $7 million a year on Internet gambling in the nascent New Jersey market.

Though he doesn't see online gambling taking off, he said, "I don't want to miss something just in case."

Online Casino News Courtesy of Infopowa

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Casinomeister

Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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