Bet as You Watch Casino on TV
| 19 December 2003 |
As reported by: The Branchman.com
Kenilworth Systems Corporation plans to provide real time television broadcasts of live in-progress casino table games of Roulette, Baccarat, Craps and more to digital satellite and digital cable subscribers at home, hotel rooms/resorts, racetracks, pubs and public gathering places throughout the industrialized world, so that those viewers can wager along as the games are played.
On the casino floor, roving Commentators with TV cameras will assist players with the rules and strategies of the games.
The Patent for the live game broadcast system was issued to Kenilworth on June 10, 2003 and has been filed in forty-nine (49) countries located in Asia, Europe (including Russia), Central and South America and South Africa.
Based upon the estimate of government and securities analysts, as well as casino operators, there is a potential $300 billion annual market from players worldwide.
Because of the opposition in the U.S. from members of Congress and concerned citizens to Internet gambling, which the Attorney General declared in violation of the 1961 Wire Act, the Company has been actively concentrating on casinos for the live broadcast located in the Republic of the Philippines and other Asian countries.
The company expects to eventually broadcast from Las Vegas, the gaming capital of the world. The Kenilworth system operates via digital satellite and digital cable, it does not make use of a wire communication facility. The Company will only make use of the Internet outside of the United States.
The immediate target is China, which has seventy (70) million satellite subscribers of one hundred seventy (170) million satellite and cable subscribers throughout Asia.
On November 20, 2003, the U.K. Gaming Commission released proposed revised regulations that will permit remote gambling, meaning, "Gambling in which persons participate by the use of remote communication." The Company will offer the broadcast to European satellite and Internet gambling providers from the Asian casinos (the casinos in Europe are small and do not provide entertainment).
On the casino floor, roving Commentators with TV cameras will assist players with the rules and strategies of the games.
The Patent for the live game broadcast system was issued to Kenilworth on June 10, 2003 and has been filed in forty-nine (49) countries located in Asia, Europe (including Russia), Central and South America and South Africa.
Based upon the estimate of government and securities analysts, as well as casino operators, there is a potential $300 billion annual market from players worldwide.
Because of the opposition in the U.S. from members of Congress and concerned citizens to Internet gambling, which the Attorney General declared in violation of the 1961 Wire Act, the Company has been actively concentrating on casinos for the live broadcast located in the Republic of the Philippines and other Asian countries.
The company expects to eventually broadcast from Las Vegas, the gaming capital of the world. The Kenilworth system operates via digital satellite and digital cable, it does not make use of a wire communication facility. The Company will only make use of the Internet outside of the United States.
The immediate target is China, which has seventy (70) million satellite subscribers of one hundred seventy (170) million satellite and cable subscribers throughout Asia.
On November 20, 2003, the U.K. Gaming Commission released proposed revised regulations that will permit remote gambling, meaning, "Gambling in which persons participate by the use of remote communication." The Company will offer the broadcast to European satellite and Internet gambling providers from the Asian casinos (the casinos in Europe are small and do not provide entertainment).
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