{"id":8078,"date":"2013-02-18T12:00:41","date_gmt":"2013-02-18T17:00:41","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=8078"},"modified":"2013-02-18T11:55:03","modified_gmt":"2013-02-18T16:55:03","slug":"silicon-valley-the-next-las-vegas","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2013\/silicon-valley-the-next-las-vegas\/","title":{"rendered":"Silicon Valley: The Next Las Vegas?"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/02\/021813_1650_SiliconVall1.jpg\" width=\"639\" height=\"402\" \/><\/p>\n<p>Silicon Valley is looking to model itself upon Las Vegas for its next generation of profits writes David Streitfeld:<\/p>\n<ul>\n<li>Tech startups are looking to create casino-style games where real money is wagered on platforms such as smartphones and tablets.<\/li>\n<li>These startups are currently focused on countries other than the United States as the legal framework for online gambling is clearer there.<\/li>\n<li>Traditional casinos and those opposed to gambling on moral grounds are lobbying against Silicon Valley&#8217;s efforts.<\/li>\n<li>Yet the rewards are so lucrative the market will inevitably open up. Online betting generates $32 billion in revenue outside the US \u2013 almost as much as the entire American casino market.<\/li>\n<li>Games like Diablo III have already sort of experimented with it. Players can sell their randomly generated online items for cash.<\/li>\n<\/ul>\n<p>Read more about the Valley&#8217;s efforts, examples of some of the case studies around, and why Chris Christie has spoken against it (not for the reason that you may think) over <a href=\"http:\/\/www.nytimes.com\/2013\/02\/18\/technology\/tech-industry-sets-its-sights-on-gambling.html?pagewanted=all&amp;_r=0\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.nytimes.com\/2013\/02\/18\/technology\/tech-industry-sets-its-sights-on-gambling.html?pagewanted=all&amp;_r=0\">The New York Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Silicon Valley is looking to model itself upon Las Vegas for its next generation of profits writes David Streitfeld: Tech startups are looking to create casino-style games where real money is wagered on platforms such as smartphones and tablets. These startups are currently focused on countries other than the United States as the legal framework [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8077,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/02\/021813_1650_SiliconVall1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/8078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=8078"}],"version-history":[{"count":2,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/8078\/revisions"}],"predecessor-version":[{"id":8080,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/8078\/revisions\/8080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/8077"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=8078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=8078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=8078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}