• South Point Owner in Favor of Nevada Online Gambling

    24 March 2011

    Newspaper

    It doesn’t look like the entire famed Vegas Strip casino owners are against the proposed online poker bill (Bill 258) in Nevada. Proponents of the bill got another endorsement for the bill and this one came from South Point Hotel and Casino owner Michael Gaughan. The 68 year old casino owner support is in stark contrast to the two major casino companies that have already come out against the bill.

    “There is no doubt in my mind that online poker and other games are coming,” Gaughan said in a statement. “AB 258 would make us a pioneer in the nationwide movement and the leader for the rest of the country to emulate.”

    Gaughan went on to say that this bill could bring in over $500 million dollars in state revenue which could help the Nevada’s budget shortfall as well as helping reduce its high unemployment rate. He also gave credit to the Nevada Gaming Commission for having the ability to regulate and license online gaming and also ensure the games integrity and fairness to all players using the current technology available.

    The Assembly Judiciary Committee will have a hearing on this bill this morning. Democrat Assemblyman William Horne heads the committee and also introduced the bill, backed by PokerStars, March 10th. According to Horne,

    “This legislation will create high-tech jobs, bring in revenue to state and local government, and will be a significant boost to our economy at a time when it is desperately needed.” Horne also added, “Nevada is the undisputed leader of the live-gaming industry and it only makes sense that it should become the first state to make Internet poker legal. While we understand the federal government is looking at this issue as well, Nevada can’t wait to see if Congress can finally get it done.”

    Nevada’s ambition is to regulate online poker throughout the U.S. and not just in Nevada. This bill however does not have the support of the MGM Resorts International or Caesars Entertainment. Both companies say they would rather see a federal mandate on online gambling and not one by individual states.

    Related News

    • 02 November 2017

      Malaysia Cracking Down on Illegal Gambling; New Law Possible

      Malaysian authorities are making good on their promise to crack down on illegal gambling operators, including online providers. The country's Common Gaming House Act 1953 was created before the advent of online gaming, and although still considered illegal, some operators have found ways to get around the act by using family entertainment center licenses and other means. One politician wants to close any loopholes that might exist. Latest Crackdown

      Read full article
    • 29 September 2017

      Bede Gaming Pursuing Future Partnerships

      Leading software giant in the gambling industry, Bede Gaming, has directed its forces on building stronger relationships with key operators, deeply widening the business network and strengthening its position. By working closely with proven casino establishments, the company is due to ensure higher performance ranks and further adjustment of the award-winning gaming platforms. Back-up Approach For Operators

      Read full article
    • 24 August 2017

      What is the Internet Gambling Amendment Bill?

      All legal online casino gambling and real money poker play will soon become a thing of the past for Australians. On August 9 the Senate passed The Interactive Gambling Amendment Bill 2016. The writing had been on the wall since the bill was introduced on the floor of the House of Representatives of the Australian Federal Parliament on November 10, 2016. The bill amended the Interactive Gambling Act 2001 (IGA).  Where did the IGA Amendment Bill Come From?

      Read full article