More and more states are recognizing the goldmine that is online gambling, more specifically, online poker. If these states had their way, in a few years, Las Vegas may no longer be the gambling capital of the United States. The states of California and New Jersey are already fielding their own legislations that would render what used to be an illegal and banned act, legal.
But Las Vegas refuses to take this sitting down. In response to this threat, the Nevada Legislature came up with a number of gambling and poker-related bills. Assembly Bill 7 proposes a seat on the Gaming Policy Committee for a member from the academia, while Assembly Bill 10 provides an update to the state law on tools that are used for cheating.
However, the most notable – and important – by far is Assembly Bill 5, drafted by the Nevada Gaming Control Board, which will have Nevada-based poker/gaming companies opening their doors to out-of-state players, thereby widening their market and customer base. The states will also be sharing virtual customers, should this bill succeed.
Incidentally, this legislation is meant to apply only to online poker, seeing as it is the only type of internet gambling that is allowed in the state. In addition, accepting wagers for online gambling across state lines is currently not allowed for Nevada-based companies.
Republican Governor Brian Sandoval and Gaming Control Board chairman A.G. Burnett were very vocal in their admission that Assembly Bill 5 can bring in more revenues for the state. Burnett also said that it would “allow operators to be as competitive as they can be”.
Casino and sports gambling are Nevada’s bread and butter. Sure, they say tourism is its main industry, but if we are to be more specific, then let’s just say that the majority of people headed to Las Vegas aren’t there for the sunset or the sunrise. Get the latest sports livescore at spbo.