Nevada State Assembly Gives the OK to Internet Gaming Bill

by Lou on May 21, 2011

Two days ago Nevada’s state assembly gave the go-ahead to an Internet gambling bill that calls for the state to develop licensing procedures for online poker businesses. That’s the good news.  The bad news is that even if this pending legislation is approved, it would take effect only if the federal government were to legalize online gaming.

Assemblyman William Horne, D-Las Vegas, who is pushing the bill, said, “Where there’s a void of regulation, there’s corruption.”

This bill is actually a revised—well, stripped down—version of an earlier bill. This one mandates that the Nevada Gaming Commission develop regulations and procedures for online gambling businesses to become licensed by January 2012.

It also requires online sites to partner with an “existing non-restricted gambling license holder or an affiliate that has been in business for at least five years.”

In guess in all the nasty aftermath to Black Friday, this is good news of sorts—but don’t look for this “Nevada lite” version of an online gaming bill to do much that will change the current dour online poker landscape in the US.

Comments on this entry are closed.

Previous post:

Next post: