For Immediate Release
Thursday September 27, 2012
Eldorado Interactive, LLC a subsidiary of Eldorado Resorts, and 3G Studios have entered into a letter of intent to form a strategic online partnership. This is the first partnership in the United States of America between an experienced video game developer and a brick-and-mortar casino operator.
This partnership combines the Eldorado’s expertise in the heavily regulated gambling industry with one of the most progressive and forward-thinking gaming technology firms. The initial focus of the partnership will be on
the state of Nevada, while the partners plan expansion as laws allow.
“3G Studios is proud to have our technology and gaming platforms used by one of the most well respected casino operators in Nevada, ” said James Kosta, founder and CEO of 3G Studios. “Eldorado has been expanding into
new territories and we’re excited to be part of their expansion online. With our extensive experience in video game development, mobile gaming, social gaming and gambling technology, 3G Studios and Eldorado Interactive plan to deliver the next-generation gambling experience to a much wider demographic.”
Eldorado Interactive and 3G Studios plan to launch an online, real-money poker site, once licensing has been approved. Over the next several months, the partners will be releasing several free-to-play games, including 3G
Studios’ recently announced SlotALot Casino that can be played for virtual currency. The SlotALot games are the first examples of the next-generation, online gambling games that 3G Studios has been developing for web browsers, tablets and smart phones.
While the partnership between a video game company and a brick-and-mortar casino is already leading to innovative new gaming technology, the true potential of the partnership will become more evident as the legalization of online gaming spreads across the nation. Online poker is already legal in Nevada and Delaware, and many other states, including Wisconsin, New Jersey, California, and nine other states are on the verge of lifting the prohibition on the practice. Many gambling experts predict that other forms of online gambling, apart from poker, may also be legalized on a federal level or state by state in the near future.
If online gambling is legalized in more states, 3G Studios and Eldorado Interactive will be uniquely positioned to offer a full slate of online gambling on their jointly-branded website. All games are being devised with gaming regulations in mind so that real-money play will be possible as laws change.
“3G Studios is committed to developing the highest quality online gambling games on the market. This partnership allows us to launch one of the first legal Nevada-based online poker sites, while still developing the online gambling products that will dictate the future of gambling in the U.S.,” said Kosta.
About Eldorado Interactive
Eldorado Interactive is a wholly owned subsidiary of Eldorado Resorts, a Nevada limited liability company which was formed in 1996, which became the successor to a predecessor partnership, owns and operates the Eldorado
Hotel Casino, a premier gambling destination and entertainment facility located in downtown Reno, Nevada which opened for business in 1973. In addition, Eldorado Resorts owns and operates the Eldorado Resort Casino in Shreveport, Louisiana. Eldorado Resorts is also a 50% partner with MGM Resorts International in the Silver Legacy Resort Casino, a major themed hotel casino in Reno, Nevada.
The Company’s business strategy draws upon three decades of experience successfully operating these properties with its deep management team, which include Chief Executive Officer Donald Carano, several members of
his immediate family.
The key element of the Company’s strategy is to provide patrons with unsurpassed personal service that is designed to foster customer loyalty and generate repeat business. This dedication to service is supported by a variety of high quality amenities, including well-appointed hotel rooms and suites and numerous critically acclaimed dining and night life venues. The success of Resorts is evidenced by its superior gambling utilization.
About 3G Studios
3G Studios, founded in 2006, has been on the leading edge of video game innovation, collaborating on one of the most sophisticated poker games to ever be released (Stacked with Daniel Negreanu) for MTV Networks, and releasing Brave Arms, the first first-person shooter game for Facebook. The company has sold millions of copies of console games including Rock Band for the Sony PS3 in collaboration with Harmonix and Jillian Michaels’ Fitness Ultimatum 2009 for the Nintendo Wii. 3G Studios licenses technology and software to Netflix, Hulu, IGT and Bally Entertainment.