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Nevada Moving Fast on Online Gambling

Sunday February 10,2013 : NEVADA MOVING QUICKLY ON NEW ONLINE GAMBLING INITIATIVE
 
Assembly Majority Leader William Horne to push legislation as New Jersey developments introduce more urgency
 
It appears that Nevada may be upping the ante in its bid to stay out in front in the licensing and regulation of US online gambling, spurred by the probability that New Jersey will soon join Delaware in legalising online gambling .
 
Nevada already has an online poker legalisation law in place, along with a fully developed regulatory system, although commercial operations are yet to commence.
 
Nevada governor Brian Sandoval has for some weeks been pushing for Legislative authority empowering him to make collaborative agreements with other like-minded states to overcome player liquidity problems.
 
Now, however, it appears that Gov. Sandoval wants to augment this with legislation introduced by Assembly Majority Leader William Horne which seeks to legalise online gambling...and he hopes to drive it through within the next 30 days.
 
The Las Vegas Sun reports that the bill will have two major components: removing state statutes requiring Nevada to wait for Congress to pass online gaming legislation, and enabling the governor to enter into mutually beneficial compacts with other states that pass bills to legalise online gaming.
 
Last week New Jersey Governor Chris Christie said in a conditional veto on a bill passed by his Legislature that he supported the concept of online gambling and would sign the measure into law provided certain pre-conditions were met
 
The news, and his generally positive comments, triggered a wave of enthusiasm and rising share prices in gambling companies and NJ lawmakers immediately set to work making the required amendments.
 
There has been some speculation that Nevada and New Jersey could form a formidable alliance on internet poker particularly, with Nevada providing ready-to-go regulatory systems and New Jersey providing a potentially enticing player pool among its 9 million residents.
 
The Las Vegas Sun reports that Horne will spearhead the Nevada governor's drive for the changes, and that Horne's objective will be to push the legislation through within the next 30 days.
 
Gov. Sandoval observed in a statement Friday that Nevada is now in a “critical” race with New Jersey to pass an online gaming bill into law.
 
“In light of the developments in New Jersey yesterday, the need to act quickly has become even more important, a fact that both I and Assemblyman Horne agree on,” Sandoval said.
 
For his part, Horne has directed legislative staff to prioritise his online gaming bill in hopes that it will beat the New Jersey initiative to the punch.
 
“Online gaming is a creature that is out of the bottle, and Nevada needs to be first,” Horne told the Las Vegas Sun.
 
“The population of Nevada is not enough for online gaming so we think we can have some good relationships with other states who may have large populations but don’t have the gaming expertise, particularly in regulations, that Nevada has,” Horne said, adding that he hopes to receive bi-partisan political support, given the governor's Republican background.
 
The Las Vegas Sun notes that the Nevada Gaming Control Board already has a bill seeking to empower the governor to enter into interstate compacts on internet poker, but would not stand in Horne's way, although it is unclear whether Horne intends to push a new bill or sign on to the Gaming Control Board’s measure.
 
Governor Sandoval's staff told the newspaper that Horne’s participation will speed along the legislative process.
 
“Teaming up with the Assembly Majority Leader will only enhance the opportunity to pass the legislation as quickly as possible,” said Mary-Sarah Kinner, the governor’s communications director.

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Gambling News :

Betsoft Gaming In Deal With SuprNation - Betsoft Gaming’s latest content supply partnership will see its Slots3 collection launched on VoodooDreams.com, SuprNation’s primarily Swedish and Nordic focused online gaming operation.

Ladbrokes New SPonsor of The Hennessy Gold Cup - The longest sponsorship deal in the history of British horse racing has come to an end with Ladbrokes becoming the new sponsor of the race formerly known as The Hennessy Gold Cup for the next five years, Racing Post reports.

Ladbrokes Appoints Annemarie Durbin - Durbin, a qualified lawyer with over two decades of international banking experience, will also take up membership of the Audit, Remuneration, Social Responsibility and Nomination Committees with effect from March 1, 2017.

Olympus Slot Pays $210k Jackpot to USA Player - “I love slots, been playing a long time. I go to Vegas once a year. In between I play online. It’s so convenient. I play mostly Hold the Riches, Pyramid Plunder, Dollar Storm or Olympus. I’ve also started playing keno more.”

Divine Fortune SLot Launches - NetEnt has launched a new local jackpot title “Divine Fortune”, a five-reel, 3-row, twenty-fixed line video slot themed on ancient Greece and a world of mythical creatures, legendary riches, and golden coins.

BetatHome profit guidance for the 2016 financial year - bet-at-home.com AG has lifted its profit guidance for the 2016 financial year following what it terms a “supremely positive business development in the fourth quarter”.

Aussie Millions $1,150 buy-in No-limit Hold’em Accumulator Results - In the latest Aussie Millions event - the A$1,150 buy-in No-limit Hold’em Accumulator, local poker pro Bridges Roe prevailed against a field of 721 to claim the main prize of A$160,725, despite starting the final day at the bottom of the chip counts.

2 Huge Wins at Bovada Casino - Paul D. from Boston, MA, scored really big, earning $808,529.80 playing the Food Fight progressive jackpot slot on the Bovada online casino on a wager of $11.25. Unfortunately Bovada's press release does not give any further details.

China Internet Clean Up Campaigns - The advisory revealed that the current drive will run through to the end of March 2018, and that online gambling and other inappropriate or unacceptable content must be blocked because:

AOPA to campaign for poker to be left alone - The threat that amendments to the federal Australian Interactive Gaming Act aimed at stopping in-play action could spill over into an online poker ban has motivated Aussie players to form an action group in support of the game.

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