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NEVADA ONLINE POKER LICENCES BY EARLY 2012?
Monday November 14, 2011 : Gaming Control Board official says it's possible
Nevada online poker licenses, valid for intrastate operations only until federal legalisation, could be available as early as the first quarter of 2012, says Mark Lipparelli, and as chairman of the Nevada Gaming Board his opinion has weight.
Lipparelli made the disclosure last week at the U.S. Online Gaming Law get together for the legal eagles in Las Vegas, according to the publication Vegas Inc., which reported that the regulatory exec told delegates the Board will begin taking applications to license companies to operate Internet poker sites in February 2012, and that his organisation would be ready to carry out the necessary probity investigations when that came about.
Practically speaking, the process is likely to go substantially faster for companies with which the Board is familiar, and that already hold Nevada licensing. It may take somewhat longer for new applications from companies that have not previously operated in Nevada - up to several months.
Once licensed, there appears to be no obstacle from the Board's perspective to operators offering intrastate online poker in a similar fashion to Nevada sports betting firms. Lipparelli stressed, however, that the action would be confined within the borders of Nevada in the absence thus far of federal legalisation.
Interestingly, the exec explained that the federal Unlawful Internet Gambling Enforcement Act, which makes financial transactions with 'illegal' online gambling companies an offence, has provision for several exceptions, including intrastate and intratribal wagering.
The requirements for a licence will be tough; the regulator said that the Board has taken its land casino licensing model and applied it strictly to the online poker environment with probity, player protection, and technology all receiving thorough scrutiny.
“We think we’ve set the bar high for licensing and suitability,” the gaming executive observed.
By December, the Board is set to consider and hopefully approve regulations framed by the Nevada Gaming Commission earlier this year at the behest of the state Legislature, although in the interests of flexibility it may necessary to tweak these in the months following implementation.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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