Title Rise of E-Sports and Online Gambling in Silicon Beach Casino
The revenue of Hollywood Park Casino, located in Inglewood, California near the Westside of Los Angeles, is on the rise. While the media is focused on the construction of a $2.6 billion stadium for two NFL franchises (Los Angeles Rams and Los Angeles Chargers) as part of the City of Champions Revitalization Project, there’s a new game in town that could truly be a game-changer for gambling on the Westside of Los Angeles.
Silicon Beach is the name for the Westside of Los Angeles known to be home to over 500 technology startups. From Google to Snap Inc., the company behind the mobile chat app Snapchat, major technology companies have opened offices or headquarters in the area.
This region includes the cities of Culver City, Playa Vista, Marina Del Rey, Venice Beach, and Santa Monica – all just a stone’s throw away from Hollywood Park Casino.
Billions in venture capital fuel the technology boom, and it seems the money is still flowing with Snap Inc.’s IPO estimated to debut on Thursday, March 2. With the company kunjungi agen online terbaik https://id.radiocut.fm/user/seatogelslot/ expected to set its initial public offering price between $14 and $16 per share, Snap could have a market value of over $22 billion. The company could raise almost $3.7 billion, according to a CNN Money article.
This influx of money could transform the area and have a significant impact on the gaming world from Los Angeles to Las Vegas.
The gaming industries of California and Nevada and their sales approach seem different in the near term as eSports and online gaming are booming in Silicon Beach. California’s gaming laws need to target the opportunities of new games on the horizon.
Nevada has been working hard on new gaming regulations to enable a new generation of gamers to play and legally bet on their preferred games. There is also a lot of support for lowering the gambling age to 18 in Nevada.
This new generation may not see traditional table games or slot machines as entertaining, but they do enjoy gaming, and one game they love is online slots. Online slots, along with eSports, present opportunities to drive a new gambling economy.
Gambling companies of the future and the ventures that offer them opportunities will come from Silicon Beach and Southern California in the near future.
Thousands of jobs will be created in social media companies, game studios, and digital sales companies like Jukin Media, a global leader in licensing trending videos. These companies, although not household names, create and offer content that is bought or viewed by millions.
Many employees working in these industries range in age from their early 20s to their 40s, and some tech and gaming employees are seeking and finding work on the Westside of Los Angeles.
Ramy Wahba, manager of Hollywood Park Casino, acknowledges the benefits of reaching this new demographic and explains that they are creating an entirely new experience for young gamers, starting with their matches and services. They provide a deli for their players for faster service.
It’s an exciting time in the gaming industry, and the future looks promising.