Posts Tagged ‘nevada’

July 16, 2011

LOL: Nevada Regulators Get Email

You can’t really claim to set the “gold standard” for gambling regulation if your licensees still have to submit their reports via fax. Thankfully, as Harry Reid’s home state of Nevada gets its regulations in order to accommodate online poker and probably more — not to mention the new NV law allowing them to regulate future legal online gambling… the Nevada Gaming Control Board just made a rather major shift not just by allowing email submissions, but requiring them.

Seriously, this shift into the 21st late 20th century dramatically alters daily activity in every Vegas casino with a poker room … Wonder if Nevada Gaming learned about this “email” tactic on their junkets to Alderney.

The Alderney Gambing Control Commission — which will be making its own determination on the fate of Full Tilt Poker later this month — partnered with Nevada regulators in January, shortly after the Reid Bill somehow didn’t pass.

Posted by at 1:54 am

March 24, 2011

Nevada Internet Poker Rides Rush

iPoker bill heard; 888-Caesars deal approved; Wynn partners with PokerStars

Just before the hearing on AB258 held in the Nevada Legislature this morning, the PPA released an official press statement supporting the “interstate” iPoker bill.  This announcement made an for an interesting preface to over three hours of testimony on internet poker in Nevada, featuring a bevy of high-octane witnesses presenting an array of statistics and factoids *in favor* the bill, without a whole lot of testimony (publicly) against.

It kicked off a major rush of online poker activity in the state of Nevada today.

At the hearing, witnesses giving testimony in support of the bill included Vanessa Rousso, who made the obligatory “poker star” (pun-intended) appearance.  She gave a rather harried and then hurried Online Poker 101 primer to Nevada Legislature, who by all appearances needed it – one state rep asking during the hearing for clarification on the difference between “video poker” at a casino and “online poker”.  There were some questionable large quotations of gargantuan customer bases and revenue projections by Applied Analysis, revelations of the wealth iPoker has provided the Isle of Man, and an infomercial reassurances from the Aristotle group (whose client is PokerStars) that their INTEGRITY age verification software could protect Nevada children from gaining access to iPoker.

Or – in short – a whole ton of high-end testimony that the backers of this bill would surely like to have presented. No vote was held in the Assembly Judiciary.  The next step per @RindelAP is that AB258 will proceed to the committee’s “work session” for amendments; date to be announced.

What I was truly intrigued by was the testimony of the “objector”, Pete Ernaut, representing the Nevada Resort Association, who seems to be the public voice for at least some of the Nevada casinos.  Ernaut did not testify against iPoker, but opined that Nevada should not pass their own bill, but rather wait for federal legislation.  He agreed, when questioned, that the federal process may be indeed too slow for Nevada to have competitive advantage.

His solution? A “re-ordering” of things where Nevada doesn’t need new legislation to begin building their advantage, and can begin planning for business without federal legislation like #campbill already in place.  He referred to some previous internet gambling  legislation in November 2001 named AB466 (see full bill text).

More…

Posted by at 7:39 pm