Phantom Fiber Upgrades WWTS’ Mobile Platform and Eight New Gaming Operators Go Mobile

Phantom Fiber Corporation, a wireless transaction enablement company specializing in the gaming and entertainment sector has upgraded World Wide Tele-Sports, a recognized leading betting service in the offshore gaming industry for over a decade, to its Advanced Wireless Platform.

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Tue, September 26th, 2006

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Interesting gambling facts:

  • Gambling is Often Legalized to Promote Economic Development of Depressed Areas. That was an important motivation in Las Vegas, Atlantic City, New Jersey, and many of the other locales for casinos.
  • The brand new resort, Wynn Las Vegas recently opened on the Las Vegas Strip. At a cost of approximately $2.7 billion, the Wynn Las Vegas features 2,700 guestrooms and suites, casino (table games, over 1900 slots/video poker machines, poker room with race and sports book), several restaurants, a night club, golf, a shopping esplanade and a show called Le Reve.
  • Men and women tend to have different preferences in their gambling. Men are more likely to gamble in games such as blackjack and lotteries and women are more likely to engage in bingo and raffles.
  • Bingo as we know it today is a form of lottery and is a direct descendant of Lo Giuoco del Lotto d'Italia - the Italian National Lottery organized in 1530.