Posted by Jimmy K on 12.7.10
Given federal approval, Nevada could be quickly out of the legalization gate
With heightened interest in legalised US online gambling triggered by news of the Reid bill, US land and online media are currently speculating on how fast certain states could take advantage of a more enlightened approach to this popular pastime.
Most observers point to the well-established gambling-oriented regulatory regime in the state of Nevada, where highly experienced state gambling regulatory bodies clearly have had the possibilities under review for some time.
Students of Nevada gambling history point out that as far back as 2001 the state passed a statute that permitted online gambling under strictly controlled conditions overseen by the Nevada Gaming Commission.
Although the passage of the law lifted hopes and spirits in the industry, it came to nothing when state legislators feared it might conflict with the less enlightened approach of federal US law.
That suggests that if Senator Reid's new proposal is successfully implemented, Nevada would be in pole position to advance into the sector, assuming that there was still an appetite among state legislators for such involvement.
It additionally assumes that the state's oft-emphasised requirement for measures against underage and problem gambling and the exclusion of gamblers from states where gambling may remain illegal are met.
So far the Nevada Gaming Commission has not taken a public position on the Reid proposal.