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Nevada State governor to resurrect Gaming Policy Committee

Sunday,  November 6, 2011 : INTERNET POKER FEATURES IN NEVADA LAW CONFERENCE
 
State governor to resurrect Gaming Policy Committee
 
The State Bar of Nevada conference on gaming law this week was the scene of revived interest in online poker developments in the gambling state, with governor Brian Sandoval unveiling plans to resurrect the Gaming Policy Committee to help deal with rapidly advancing technology issues, and members of the Nevada Gaming Control Board outlining state regulatory progress on the legalisation of the pastime.
 
Sandoval said the traditionally 11-member GPC had been dormant for some time but that he has started in on its revival in order to generate independent and expert advice for regulators and law and policy makers in the state at a time when technology is rapidly expanding the boundaries and interests of the gambling industry in Nevada.
 
Sandoval spoke of his plans, saying: “I hope to sketch a new road map for the journey ahead. We will preserve our position as the gold standard in gaming regulation and in the provision of gaming entertainment. We will be second to none on the globe.”
 
Outlining the composition and intent of the GPC, the governor said that it is chaired by the governor and includes one member of the state Senate, one member of the state Assembly, one gaming commissioner, one member of the state Gaming Control Board, one member of a Native American tribe in Nevada and five appointees. Of the appointees, two would be non-restricted gaming licensees, one would be a restricted gaming licensee and two would be from the public.
 
Sandoval revealed that Nevada Control Board chairman Mark Lipparelli and Nevada Gaming Commission chairman Peter Bernhard had already been invited to serve on a rejuvenated committee, and that other members would be approached soon, the intent being to hold the first meeting early in the new year.
 
Delegates to the conference were reportedly keenly interested in the forthcoming advent of legalised and regulated online gambling in Nevada.
 
Earlier this year Gov. Sandoval signed off on an intrastate law legalising the pastime subject to federal approval, and tasking the state regulators to draw up regulations in preparation for legalisation.
 
They were told that the drafting process was now well advanced, with public consultation hearings currently in progress to refine the regulations and requirements, and a finalisation target of December 2011.
 
“Nevada’s success in capitalizing on the emergence of Internet poker will depend on the strength of its leadership as a sophisticated regulator of gaming,” Sandoval told delegates. “We can only imagine what technology will bring in another 10 years and there are policy implications for us in that world of rapid change,” he said.
 
The governor said the revitalised GPC would examine issues ranging from specific technological devices to the world of the Internet and the impacts on tax policies and infrastructure of a possibly changed cyber economy, in which gamers do not necessarily need to be physically present at a gambling venue.
 
Mark Liparelli of the Nevada Gaming Control Board told delegates that there were benefits in regulated online poker that went beyond tax and economic development, and these mainly concerned the welfare and safety of the gamblers.
 
Because online gaming is account-based, every game and its result can be tracked, and that implies better oversight and efficiency in identifying irregular wagering patterns and detecting cheating, with cyber-trails through which regulators and law enforcement can track down illegal activity, he observed.
 
Other benefits included the prevention of collusion; assisting in beneficial research projects; restricting access of the underaged and problem-vulnerable; the ability to set betting limits; and the introduction of self-exclusionary and responsible gambling systems.

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Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

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Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

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New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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