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Nevada PreParing For Online Gambling

Proposed changes to Nevada online poker regulations could remove the prerequisite for federal approval of interstate collaboration.
Proposed changes to Nevada's online poker legislation are being interpreted as a smart move by the state to remove the obstacle of prior federal approval following the failure of yet another Congressional attempt at legalisation by Sen. Harry Reid.
Importantly, the amendments move legalisation beyond a mere intrastate approach to one which makes provision for interstate agreements, widening possibilities for shared player pools - a key concern in state-by-state internet poker legalisation initiatives.
Removing the need for prior federal legislative approval before an operator can extend efforts beyond Nevada's borders should prove popular with licensees, who already include a number of major Las Vegas-based gambling companies, as it will improve player liquidity and hopefully get around the seemingly endless problem of Congress finally agreeing to legalise internet poker.
With states like Delaware, New Jersey and perhaps California clearly keen to develop online gambling businesses, the possibilities for interstate agreements look promising.
The amendment proposes giving the Nevada governor authority to engage with other states that have intrastate legalisation legislation in place in order to negotiate mutually beneficial agreements that permit operators in each to work together, providing a deeper and better experience for the punters and enhancing business.
Nevada's Legislature is scheduled to discuss the proposal early this (2013) year.

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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