Tuesday, May 19, 2015

Nevada Tells Licensed Casinos to Avoid Online Gambling


While Las Vegas gaming operators become eager to prepare for the opening of the US online casino market, state regulators are cautioning them to be wary.

Play Now at Slots Oasis! The Nevada Gaming Control Board is cautioning holders of state licenses to operate casinos not to get involved yet with online gambling projects. Board member Randall Sayre published on the board website a letter he wrote to an anonymous lawyer advising that clients be told to refrain from doing business with Internet casino operators.

Sayre went on to say that agreements between licensees and unlicensed online gambling sites are "inconsistent with the Nevada Gaming Control Act."

Currently, Harrah's Entertainment has developed its own Internet gaming branch, while several land-based casino companies are rumored to be in negotiations to partner with established online casinos in the event the US Internet gambling market is opened.

Sayre says ongoing relationships are being currently investigated by board regulators. He called a decision to avoid connections with Internet gambling by Nevada casinos "sound from both a state and federal perspective."

Harrah's gets online gaming software from 888.com, so that company is under review by the board as to whether it meets rules to do business with a licensee. According to the Las Vegas Review-Journal, this is the first time an online gambling operator who had accepted wagers from US residents may be cleared for Nevada business relations.

Published on June 8, 2010 by MattMiller


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