It was expected to be a formality, and it was. In a unanimous 4-0 vote Thursday, the Nevada Gaming Commission approved Regulation 5A, which sets the rules for intrastate online poker, including operator licensing requirements. As it stands now, any operator who obtains an online poker license will be restricted to offering games to customers [...]
The website VegasInc.com reported yesterday that the Nevada State Gaming Control Board (GCB) will begin accepting online poker licensing applications in February. The announcement was made by GCB Chairman Mark Lipparelli at the U.S. Online Gaming Law conference last week at the Aria casino in Las Vegas. Any licenses issued would permit operators to only [...]
The Nevada Gaming Control Board held a public regulatory workshop on Monday to field questions and possible revisions to the new Regulation 5A, which lays out the framework for online gambling in the state. According to several reports, the hearing went extremely smoothly, as attorneys, former regulators, and officials from gaming companies raised few concerns [...]
This has certainly been an interesting week for intrastate poker. Phil Hellmuth has commented on Washington D.C.’s plans for district-only online gaming, California shelved its intrastate bill until early next year, and now the Nevada Gaming Control Board has released its first draft of regulations for intrastate “interactive gaming.” New Regulation 5A lays out the [...]
U.K-based online gaming company 888 Holdings is looking into applying for an online poker license in Nevada, according to a report on Bloomberg.com. In the process, they are also discussing a partnership with Caesars Entertainment Corp, parent company of Harrah’s, Caesars, Rio, Flamingo, and the World Series of Poker, amongst other assets. 888 Holdings Deputy [...]
While the U.S. Attorney’s Office, U.S. Immigration and Customs Enforcement, and the Internal Revenue Service are running around seizing online gambling domain names, freezing player funds, and otherwise doing whatever they can to stop Americans from playing internet poker at home, the state of Nevada is looking to do the opposite. On Tuesday, Nevada’s Senate [...]
If the Nevada Gaming Control Board and Las Vegas bookmakers have their way, betting on non-sporting events will soon be coming to casinos around the state. An article on the website Covers.com, written by Case Keefer, tells the story of how the Nevada Gaming Commission recently amended regulations to allow for wagering on “event betting.” [...]
In figures released by the Nevada Gaming Control Board this week, state casinos pulled in revenue, or “win,” of 3.8 million in June, a drop of 6.65% year over year. It marks the largest drop in revenue compared to the same month the year before since October 2009, when win fell 11.56%. Revenues statewide in [...]
The tax rate for Pennsylvania casinos is fifty-five percent, which may be the reason why in the last fiscal year, Pennsylvania casinos generated more tax revenue than Nevada casinos. US Casino News : United States Casinos Related posts Poker Prop Betting May Be Coming to Nevada Casinos (0) World Series of Poker Circuit Adds Florida, [...]
