A deal is expected to be struck between Vegas Wireless Entertainment and BICO Inc. that will undoubtedly help to contribute to the fast growing mobile gambling industry.  The specifics of the tentative agreement are that Vegas Wireless Entertainment will be acquired by BICO, who is seeking to place a stronghold on the online mobile gambling industry. 

The acquisition would facilitate BICO doing so, giving them the means to offer a worldwide market the opportunity to download mobile online casino games, sportsbook features, and online lotteries regardless of their handset and service provider.

BICO commented on the talks, expressing that the deal would enable their shareholders to increase their stock value, in addition to being precisely what the Board of Directors was seeking to do for the company.  The acquisition, it is thought, will be exactly what BICO needs to capitalize on the booming online mobile gaming industry, which is expected to make leaps and bounds in mainstream growth over the next couple of years.

Vegas Wireless Entertainment, in the meantime, is setting forth plans to release their own white label mobile gaming product that would enable nearly 2,000 online casinos to seamlessly implement mobile gaming capacities on their website - all without the need for technically trained IT specialists. 

According to the President of Vegas Wireless Entertainment, Chris Feges, the mobile gaming industry will be tapping into the billions of dollars generated each year by online casino sites, which would be a tremendous boost for their own shareholders.  With the acquisition by BICO, current shareholders will be given shares representing 80% of fully diluted shares outstandingly held by BICO.