The present invention relates to a portable, waterproof gaming system which includes: a) a watertight main housing for encompassing a computerized gaming unit for water proximity play of at least one gaming selection; b) a computerized gaming unit for water proximity play of at least one gaming selection, the computerized gaming unit having sufficient software and hardware to provide the at least one gaming selection selected from the group consisting of slots, roulette, craps, cards and competitions, the computerized gaming unit contained within the watertight main housing and having controls, including at least one control selected from a group consisting of on-off, volume, gaming selection, food and drink service and guest services, the computerized gaming unit further including hardware and software for i) electronically enabling a player to purchase betting credits; ii) enabling the player to bet at least a portion of the purchased betting credits, as part of gaming play; and iii) subtracting the purchased betting credits from the player purchased betting credits when the player loses and adding to the player purchased betting credits when the player wins; and c) a remotely located, central processing host unit connected to the computerized gaming unit, the host unit including sufficient software and hardware to provide the following computerized gaming unit management capabilities with respect to the computerized gaming unit, including user tracking and user data collection and storage.