U.S. Digital Gaming to host event in L.A.

LOS ANGELES, California -- (PRESS RELEASE) -- U.S. Digital Gaming, a leading U.S.-based online gaming company and the Los Angeles Business Journal today announced that they will partner together to present a roundtable discussion on the impact of legalized online gaming in California and beyond. In an unprecedented collaboration to bring gaming industry, business, entertainment and civic leadership together at the same table, the roundtable event will provide stakeholders and business leaders with deeper insight into the issues pertaining to the impact of legally-compliant online gaming in the local, regional and national business community.

"The potential legalization of online gaming in California will have a ripple effect throughout the State and around the world," said Jon Richmond, USDG's CEO. Based in Beverly Hills, USDG is the nation's first company created specifically to legalize and operate regulated Internet gambling. "From our state budget to the existing gaming industry and the emergence of new technology and entertainment content, now is the perfect time to bring this issue to the forefront of the business community. We're proud to work with LABJ, who is a leading voice for evolving public policy and the new economy."

"This is a seminal moment to hear about a new industry that could change the face of the economy and our state from the heart of Southern California," said Josh Schimmels, Vice President, Los Angeles Business Journal. "As an international hub for business, technology and entertainment industry leaders, the road to legally-compliant online gaming in the United States will undoubtedly travel through California, and this forum is an essential step toward keeping the business community in step with fast-paced developments at the state and national level. The team at USDG brings immense experience and first-hand knowledge to the dialogue and, we welcome this joint effort."

Set for October 20, 2011 in Los Angeles, California, the online gaming roundtable will take place as multiple forces with varying agendas continue to push for both federal and state bills enacting the legalization of online gaming. Among the number of topics that the panel will address will be the issue of interstate versus intrastate legalization, California's role as a gateway to legalization, the influence of California's numerous industry and non-industry stakeholders, and, the business opportunities and challenges that legalization will present California businesses.

The location and the time of the event will be announced shortly.