Friday June 3,2016 : MGM REITERATES SUPPORT FOR NEW YORK LEGALISED ONLINE POKER
Land gambling giant comments as Bonacic bill advances in the state Senate.
With Sen. John Bonacics online poker legalization bill making progress in the New York state Legislatures committee stages the US land gambling giant MGM Resorts International has come out in support.
The Nevada-based group commented Thursday that the Bonacic measure recognises that millions of New Yorkers play online poker on unregulated and unprotected off-shore poker websites that operate with no oversight, fraud controls, or age restrictions.
In the statement, MGM general counsel John McManus said:
“We applaud the Senate Finance Committees vote to create a safe, legal environment for online poker through legalization that will generate tens of millions of dollars in revenue for taxpayers, and create open and fair opportunities for all providers of online poker.”
McManus went on to cite a poll that showed that more than 70 percent of New York residents “agree that safe, regulated online poker should be legal.”
The legal executive is on record in previous hearings and conferences as having asserted that Internet poker can be effectively regulated.
Earlier this week MGM announced that it has acquired Boyd Gamings 50 percent stake in Borgata, which operates New Jerseys largest and most successful online casino.