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Governor Brian Sandoval

It is no small coincidence that Nevada in the US is a state with a primarily gambling-driven economy and is the state which houses the city of Las Vegas. Although tourism does play a role; Las Vegas has ensured for years that gambling is the chief source of income for taxable revenue. Therefore it comes as no surprise that if the US were to legalize online gambling, Nevada would like to lead the way. It appears as though this has now happened. Although when it comes to online gambling and the US, nothing is ever really as it appears. We are not trying to be enigmatic by making this statement – it is just how it seems to be.

So far, according to news reports, Gov. Brian Sandoval signed the interactive gaming bill for this State into law last Friday. Atlantic City, New Jersey, has tried to lead the way, but Gov. Chris Christie would not take the bait, and it seems almost apt that Nevada has pipped them to the starting-post. What really needs to happen however – is that online gambling activities become legal at a Federal level.

Gambling compliance between online gaming operators and Las Vegas casinos look set to lead the way for clarifying policies in terms of a federal regulatory administration. What is actually interesting to note is that it has been nearly 10 years since Nevada passed laws addressing the issues of online gambling, the problem was that these laws had simply not been ’signed’ into law. Las Vegas and its casinos make the Nevada Gaming Control Board (NGCB) one of the most high profile casino jurisdictions globally.

Harrah’s Entertainment is the only Nevada company to have moved ahead with online gambling operations in the UK and Europe; while other companies have been holding their peace. The new law will also mean that Nevada has the right to license new online gambling operations, but only for intrastate gaming.

Here is the AB258 Bill



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Source: Neha A.

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