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Nevada Gaming Board recommends IGT for licensing as a mobile gambling operator

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The Reno-based slot manufacturer will compete in the emerging market for hand-held, mobile gambling devices with Cantor Gaming, the company which led the legislative effort to allow wireless gambling in Nevada.

In separate news, Mel Molnick, CEO of Home Gambling Network, announced that his patent for remote wagering on live games and events utilizing electronic transactions has been issued by the European Patent Office.

Molnick\’s Patent, which was first published in Europe in November 1999, is now registered in all EPO countries and member territories. Specifically, via remote wagering, consumers can place bets from anywhere in the world without having to go to a casino, race track, sports book or off-track betting parlor. Location-free wagering is delivered to consumers via the internet, satellite, cable television and wireless technologies. Live games and events include casino-style games, pari-mutuel wagering, lotteries, sports betting, bingo, keno and more. Electronic financial transactions are executed by credit card, debit card, smart card as well as e-cash and any other electronic funds transfer.