![]() Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! |
Gaming News
Disney Launches Pay-to-Play Online Game Site Next Month11 May 2001NEW YORK —— As reported by the L.A. Times: "A pay-to-play online games venture, backed by Walt Disney Co. and hatched in the "idea factory" of Priceline.com Inc. founder Jay S. Walker, is set to launch next month amid a multimillion-dollar promotional blitz. "Boasting $1-million prizes, the venture smacks of Internet gambling. Disney, however, says that's not the case. "Even so, a plunge into pay-to-play games may pose public relations problems for the family-entertainment firm. "…Disney executives say they aren't worried. Unlike actual gambling, where the payout is determined by chance or a `contingent event' such as a horse race or a pro sports contest, these games involve pure skill or knowledge. "…Disney and Skillgames executives say the venture has passed legal muster with the federal government and 47 of the 50 states. Moreover, Skillgames has enlisted a board of advisors to address such issues as compulsive gambling. "…Skillgames bars children under 18 from the games, which require a credit card to play. And to keep players from getting in over their heads financially, losses are limited to $300 a month; hit that threshold and your access is denied until the next month. "…Most of the prizes are in the $5-to-$500 range, but the company plans to offer grand prizes of up to $1 million…" |