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Infinity Augmented Reality sees opportunity in online gaming9 April 2013NEW YORK -- (PRESS RELEASE) -- Infinity Augmented Reality, Inc. ("Infinity Augmented Reality" or "Infinity AR") (otcqb:ALSO) -- Infinity AR, a company focused on the development of high tech software and hardware applications for augmented reality platforms including augmented eyewear being developed by Google, Apple and others, announced today that they are in development of a new and "next generation" way to experience online gambling. The Company believes that new augmented reality (AR) eyewear, in combination with Infinity AR technology will offer an online gambling experience that was not possible to experience before. In combination with 360 degrees camera technology, players will enjoy the gambling experience as if they were in the room with the dealer and fellow players. This new format for playing will take the stagnant style of online gaming transforming it to dynamically experiencing the game. Online gambling and entertainment software and hardware applications present a major opportunity for Infinity AR. Online gambling is coming back to the U.S. bigger than ever. A wave of enthusiasm and support is getting individual states to legalize this form of entertainment. The state of Delaware legalized online gambling last summer and has been entertaining bids from companies that will run the service that oversees online gambling. Recently the governors of New Jersey and Nevada signed laws to legalize online gambling in their states, and in California, state Sen. Roderick Wright, D-Inglewood, has introduced a bill that would legalize all online gambling in the state. Avrohom Oratz, Chief Executive Officer at Infinity AR, commented, "Casinos have spent billions of dollars building fascinating structures to entice and lure gamblers and their families to their destination. The Venetian, Bellagio, and Wynn are among the most premier gambling destinations in the world offering the ultimate gambling experiences. Online casino's lacking bricks and mortar need to have that wow factor and make it an enjoyable experience destination. The applications of yesterday won't hack it. The economics of this industry have us very excited and we want to be a significant vendor to gamers and gaming companies." |