Tribal Internet Gaming Will Be a Hot Topic at GiGse Global Gaming Summit

ICTMN Staff
4/24/12

GEObet CEO: "Tribes can't afford to wait" to move online

Tribal Internet gaming (igaming) and how it is legislated in North America will be a hot topic at GiGse, a global igaming summit and expo held this week, April 24-26, in San Francisco, according to a press release.

GEObet, an online network that works with tribal casinos across North America, is an exhibitor at the conference at stand No. 11. The online gambling organization "offers a simple and cost effective way" for land-based tribal and independent casinos to launch an online business within 60 to 90 days, the company's profile states.

GEObet CEO Gerry Gionet, a First Nations entrepreneur, encourages tribal casino operators to start moving online now. He will present at Wednesday’s session on “Balancing Tribal Sovereignty with Commercial Realities: Getting North American Tribes on the Same Page” about how tribal casino operators can begin moving their casino customers online now, before the Nevada casino consortiums beat them to it.

“Tribes can’t afford to wait,” said Gionet from GEObet’s headquarters in the Tsuu T’ina Nation in southern Alberta, Canada. “If tribal casinos don’t start interacting with their players online you can bet that Harrah’s and Caesars won’t hesitate to take those customers off their hands.”

Positioned to be an extension of the land-based casino, GEObet supplies the tools and operations of a complete online casino gambling product without any significant upfront costs to the land-based operator.

“Hundreds of independent casinos operating in North America fear they will miss the online opportunity, falling behind the major casino operators in Atlantic City and Nevada for their regional share of this lucrative and growing market,” said Peter Karroll of IAM Corporation which provides management and marketing services to GEObet.  “These operators want to benefit from being able to do business with their customer base 24/7/365 from their homes and mobile devices and avoid losing them online to the major casino brands that are heavily investing in online.”

Foxwoods Development Company, the Mashantucket Pequot Tribal Nation's gaming and business arm, will attend the Internet gaming conference as an official party sponsor of GiGse.

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