Tag: nevada
Nevada Legislature to Consider Election Betting
Ever wanna try election betting? Well, Nevada is thinking about it, too. What are the odds of Hillary Clinton being elected as the next president? Folks in Nevada may just get a chance to place a wager on who will win federal elections under a plan that has resurfaced. A legislative committee will decide Tuesday whether to recommend if Nevada should allow election betting on federal races, making available here bets that can already be placed overseas. State Senator Tick Segerblom, D-Las Vegas, introduced a bill in the 2013 Legislature to permit wagering on federal elections. Senate Bill 418 passed…
Ultimate Poker Nevada Gets Improved GeoLocation
Poker Fuse – Ultimate Poker released a new version of its online poker software for players in Nevada last week bringing it closer in line with its New Jersey counterpart. The update included several changes, the most significant of which may be the improvement of the geolocation services. Details of the upgrade claim that the new geolocation is more accurate, but that currently the software is presenting a dialogue box telling all players that they are “not location verified” when they first log in. Ultimate Poker’s advice is to ignore the banner and “try sitting at a table.” If this…
Online poker anniversary suggests boom for Nevada
My News 4 – Ultimatepoker.com turns one-year-old on Wednesday. The first regulated, real-money online poker site in the United States led Nevada’s charge into online gaming. Online gaming in the Silver State is booming. Since the first regulated pay-to-play poker website in America launched a year ago, two more operating real-money poker websites have also started. ““Ultimate was the first,” said Nevada State Gaming Control Board Chairman A.G. Burnett. “Right now, the three internet poker websites collected $926,000 is revenues for last month.” The Nevada State Gaming Control Board said the numbers keep growing. “For the first 11 months of operation,…
Nevada legalization of medical marijuana presents issues for casinos
Las Vegas Review Journal – Like much of Nevada, the casino industry is grappling with issues surrounding medical marijuana. So much so that gaming companies and regulators have had little to say publicly about doctor-prescribed pot. Medical marijuana has been legal in Nevada since 2000, but it took state lawmakers 14 years to allow dispensaries to operate. Now, with a state law in place calling for up to 66 potential medical marijuana outlets throughout Nevada, the issue is finding its way into gaming headquarters. No one has suggested Nevada casinos offer medical marijuana dispensaries as part of their retail amenities….
New Jersey Says: Interstate Compact This Year
Poker Fuse – Mario Galea, online gaming consultant for the New Jersey Division of Gaming Enforcement, expects New Jersey to enter into an interstate agreement before the end of the year. Galea, a former Chairman and CEO of Lotteries and Gaming Authority of Malta, was hired by the DGE in May 2013 to oversee the implementation of online gaming in New Jersey. “All the hard work has been done,” Galea told Becky Liggero of calvinayre.com (video below). “The next step is now for New Jersey to go out there and say, ‘Hey, we have the systems in place you guys…
IGT To Link Slots Between Nevada, New Jersey
Card Player – Late last week, IGT announced that its “Powerbucks,” a multistate wide-area progressive jackpot link, will be deployed at Caesars Entertainment properties in approved jurisdictions, starting with the states of New Jersey and Nevada. In other words, the games will be linked between the Silver State and the Garden State, leading to potentially bigger prizes. Recent changes to Nevada gaming regulations allowed for this. “We’re excited to transform the jackpot experience,” IGT said in a statement. “With Powerbucks, IGT re-imagines casino gaming thrills by creating more winners, more often, across multiple states. We all win when players engage…
Online poker regulation hailed as victory by casino executives
Las Vegas Review Journal – Early projections of a massive swell of cash from legalized online gaming may have been overly optimistic, but regulation launched a breakthrough in the gambling world, Ultimate Gaming’s top executives told a crowd of about 200 on Thursday at the iGaming North America 2014 conference. In a joint keynote speech at Planet Hollywood, the company’s chairman Tom Breitling and CEO Tobin Prior pushed for extended legislation across the country. While creating new jobs, the sites can be trusted and taxed, they said. “Regulation now means victory,” Prior said. The two highlighted lessons the company learned…
Nevada should enforce restricted licenses
Las Vegas Review Journal – A legislative committee tasked with looking at technology’s effect on the casino industry launched a debate Thursday on whether Nevada’s more than 2,000 restricted gaming locations rely too heavily on slot machines as a revenue source. The issue — whether funds gleaned from gaming in bars, taverns, restaurants and other businesses with 15 or fewer slot machines incidental to the location’s overall revenue stream — has been argued over the past few years by lawmakers, gaming regulators, the casino industry, restricted licensees and others. Various changes have been made to state and local ordinances, regulations…
















