Sunday August 19, 2012 : NEVADA GAMING COMMISSION TO CONSIDER NEW REGULATORY REQUIREMENTS (Update)
Organisation and integrity at the centre of additional provisions
When the South Point Poker and Monarch Casino applications for internet poker licenses come before the Nevada Gaming Commission for final approval on August 23 they will face additional regulatory requirements which are mainly centred on organisational and integrity imperatives.
Both companies were recently advised of the new requirements.
The Commission will consider the need for a fully documented system for internal controls of the online poker enterprises, along with the creation of a properly secured online poker reserve fund and a professionally presented plan for compliance with the regulations, and a detailed operational roadmap and schedule.