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More Nevada Poker Licenses to be COnsidered
Friday August 3,2012 : MORE NEVADA LICENSES TO BE CONSIDERED
South Point Casino and Monarch Interactive up next
Two more companies from a pipeline of 30 applicants will appear before the Nevada Gaming Control Board at its next meeting in a quest for state licensing of proposed online poker operations.
The next meeting is scheduled for August 8 at the Board's offices in Carson City, with South Point probably the more high profile of the two applicants following the extensive publicity given earlier this year to CEO Michael J. Gaughan and his intention to get into the intrastate online poker market as soon as legally possible, and preferably before year-end.
The Board's website shows an application from Gaughan Straight Holdings of Las Vegas for licensure as an operator, software manufacturer and service provider in respect of a wholly owned company branded South Point Poker LLC.
Gaughan is on record as saying that his company is operationally good to go, having already been extensively and independently tested by an authorised testing agency. South Point has a free-play website up and running at South Point Poker.com, which will be upgraded to real money action using new software once the imprimatur of the NGCG and the Nevada Gaming Commission has been achieved.
John Farahi of the Reno-based Monarch Casino and Resort is seeking operator licensure for a 100 percent owned company titled Monarch Interactive Inc. of Reno.
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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.
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.
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