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California Man Banks on Shaping Future of Online Bingo25 May 2001YUCCA VALLEY, California – May 25, 2001 –As reported by the (California) Desert Sun: "Inside [a] modest, one-story home, Wayne Townsend taps and clicks on tens of thousands of dollars in computer equipment. He's working on a plan to license software for animated Internet gambling games he wants to pitch to local American Indian casinos. "…If Townsend's plan works, people would pay Coachella Valley casinos to play bingo from their home computers, laptops or work stations. "…It would also mean potentially millions in licensing fees for the developer of Palm Springs Bingo. "…Townsend is convinced that gambling online will transform the gaming industry and that the Coachella Valley is the perfect place to market Internet bingo. "…Despite the homespun reputation of its real-world counterpart, the moneymaking potential of Internet bingo is huge, Townsend said. "The social nature of the game is compatible with Internet chat rooms. "It is also one of the least controversial forms of real-world gambling. "…But questions remain about the legality of Internet gaming and whether local tribes will buy into Townsend's plan. Townsend is banking on it. "…Townsend said no matter how well bingo performs on the floor, every local casino could make money online…" |