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ONLINE POKER LICENCE APPLICATIONS FLOWING IN NEVADA
Sunday December 4,2011 : At present the main demand is from service providers anxious to be among the first in a legalised market.
With intrastate legalisation still at least 12 weeks in the future - and with the final language of the regulations still to be agreed - five companies have already applied for online poker licenses in Nevada, Card Player magazine reports, quoting official sources.
The respected poker publication says that 888 Holdings, International Game Technology, Bally Technologies and Cantor Gaming have submitted paper work to the Nevada Gaming Control Board, whilst the recently launched free-to-play South Point Poker has applied to be licensed as an operator, but has yet to submit documents.
Most applicants seek authority to provide services to the new online poker sector that will come into being once the regulators have finalised the regulations, probably around February 2012 at the earliest.
The Gibraltar-based 888 Holdings, which already has an online relationship outside the USA with Caesars Entertainment, has apparently formed a US company titled 888 US Limited.
Control Board chairman Mark Lipparelli confirmed to Card Player that the board is currently reviewing the documents submitted by the applicants.
"Regulators will reconvene toward the end of December to continue to iron out the language in the regulatory drafts, which must be finished by the end of January," Card Player reports. "February would be the earliest possible time a real-money online poker site could be running in the Silver State, but Lipparelli said laboratory testing and approval of software and other technologies will likely take longer than issuing licenses."
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Gambling News :
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.
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.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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