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Nevada AB114 Signed Into Law

Friday February 22,2013 : NEVADA GOVERNOR SIGNS NEW ONLINE GAMBLING BILL INTO STATE LAW (Update)
 
AB114 fast-tracked through a joint sitting of the Judiciary Committees, the House and the Senate
 
Nevada's measure designed to enable online gambling compacts with other like-minded states, AB114, moved with impressive speed through the state Legislature this week and was signed into state law almost immediately by Governor Brian Sandoval.
 
Introduced by Assembly Majority Leader William Horne and endorsed by US Senate Majority Leader Harry Reid, the bill sailed through a joint sitting of the House and Senate Judiciary Committees before being approved unanimously and in rapid order by the House and the Senate and sent to the governor's desk Thursday.
 
Sandoval did not hesitate to sign it, saying: "This is an historic day for the great state of Nevada. Today I sign into law the framework that will usher in the next frontier of gaming in Nevada."
 
Fears that the bill would be slowed down by arguments over the licensing fee did not materialise as Horne and the governor compromised, agreeing on a $500,000 fee instead of Horne's proposed $1 million, and a renewal fee of $250,000. These amounts can be amended by the Nevada Gaming Commission if required.
 
However, a 5-year "bad actor" clause blocking the licensing of any entity that has offered Americans online poker since the advent of the UIGEA in 2006 was left in the measure, and could cause problems for Pokerstars.
 
The governor's main priority - to achieve the state Legislature's approval for negotiations with other states aimed at shared player pools without reference to the US Congress, remains in the bill, with the governor commenting: “We can’t wait any longer for Congress to act.”
 
Nevada's gambling regulators will now draft the necessary regulations governing the rules and limitations on interstate agreements negotiated under the new law.



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NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

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NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

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