The Nevada Gaming Control Board already had one of the toughest jobs in the nation. Policing the top gaming destination in the US takes hours each day, and it is a job that never stops evolving, as evidenced by the recent movement in the state towards online poker regulations.
On Monday, the board held a meeting and let the public give their input on the issue that has taken over the country in recent years. The crowd was made up of mostly lawyers, who asked legal questions related to how Nevada plans to regulate online poker. The meeting lasted a little over an hour.
The drive towards online poker regulations in Nevada began earlier this year, and state officials are moving quickly to ensure that the state is ready to go with the regulations as soon as the federal government changes their current laws. Federal lawmakers are working towards a gaming bill as well, and a vote could happen before the end of the year.
Nevada has much to lose if another market beats them into the online gambling market. Nevada has for decades been the top gaming destination in the US, and earlier this year, a bill went into effect that allowed casinos to offer gaming from mobile devices throughout their facilities, including in hotel rooms. The gambling from the hotel rooms has customers starting to come back to Las Vegas after a slow two years for the industry.
Another reason that Nevada wants to be prepared for federal law changes is the amount of employment opportunities the industry would bring. Lawmakers believe that thousands of jobs would be created, not only in the casinos, but also for the technology companies that would make online gambling possible.
The federal movement was intensified early this summer when the Department of Justice indicted executives from Full Tilt Poker and PokerStars, two of the largest online poker sites in the world. Full Tilt has not recovered from the indictment, and things progressively got worse for the company, as they lost their license in Alderney. Attorney’s for Full Tilt have been working to get their license back in recent weeks.
As for Nevada, the control board has been working diligently, and they believe they are taking all the steps necessary to be ready when given the green light.
“I think we have a solid foundation for regulations,” said Board Chairman Mark Lipparelli, to the Las Vegas-Review Journal.0