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Monarch Casino Not USing Nevada online poker license

Nevada online poker licence will not be used, says senior executive.
Having passed Nevada's stringent requirements for an online poker licence last year, the Reno-based Monarch Casino and Resort will not be using it due to fears that online poker may be the foot-in-the-door that could lead to full-on internet gambling, an executive of the company said Monday.
The head of subsidiary Atlantis Casino, John Farahi, told the Reno Gazette-Journal:
"Just because you can do something doesn't mean you do it. We used to be for it, but we found out poker is being used as a tool to jar the door open to wide-open online Internet gaming."
Farahi is clearly against the full monty; he says for a variety of moral and commercial reasons.
From a business standpoint, he claims he is not concerned with staying out of the online market. "The numbers are not that big a deal. No one's making a killing yet," he said.
"We did begin to talk [with interactive software providers]. But when we saw this turning into not just a skills game, which poker is, but open gaming, we said this is not right."
Despite his opinion on the small numbers, Farahi insists that if full-on internet gambling is legalised it will represent a commercial threat to brick-and-mortar operations and the Nevada economy, and he therefore supports a federal ban on internet gambling.
The newspaper reports that the Peppermill Resort Spa Casino in the same area as Atlantis takes an opposing view, has a partnership with Ultimate Gaming, and is moving towards regulatory permission for online gambling
Peppermill spokesman Bill Hughes told the Reno Gazette-Journal that his company is actioning its plans for online poker.
"We believe in that. We think there's an upside for us," he said. "But we're opposed to full online gaming from a casino standpoint. In Reno, people are used to significant brick-and-mortar properties here."
Reno gaming analyst Ken Adams opined that online gambling will best benefit large companies, saying:
"Caesars has 40 million people in its database. Who's going to compete against that? Who can compete with that in terms of bonus points and the like? So what I see is, lots of small casinos will oppose online gaming. It doesn't make any real financial sense for them. But every dollar spent online is a dollar not spent in a casino."

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Tom Horn Awarded Malta Gaming License - Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.

Calvin Ayre invests in new Antigua Business Center - Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.

Attack of the Zombies Slot - Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.

Why is FullFlush Poker Still Down - Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.

Time Running Our For Pennsylvanian online gambling - Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

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