Herbert Lindo, the Chief Executive Officer of Kenilworth Systems Corporation, is very excited about the potential of the companies patented simulcast products.  The technology has the potential to change gaming and put live casino gaming in a position to either rival or team up with online casinos.

“We believe that, as has already happened in the field of horse racing, simulcasts of remote casino games to homes, cell phones, racetracks, hotels, resorts, restaurants and bars will become a major trend in gaming,” predicted Lindo.

“Since the development of the Internet, millions of people have chosen to gamble online and today Internet gambling is offered in many different countries under a variety of licensing and regulatory regimes. It appears there will be a potential annual global market of as much as $500 billion in total Internet wagering in the near future.”

“Denmark, Sweden, Poland, Switzerland and France have either passed or are preparing to pass legislation to open the market for remote live games from casinos within their own borders,” continued Lindo.

“The legislation is also intended to protect gamblers from manipulation by discouraging virtual wagering and betting on number generated games from studios in the U.K and other Channel Isles. These are likely to be the first sanctioned Internet gaming activities to yield significant tax revenues. The Kenilworth system being tested by Caribbean is intended to support wagering for such live casino table game broadcasts. Our intent is to aggressively market this gaming technology and pursue licensing arrangements with casino operators in all nations where we enjoy patent protection.”