‘Wild West’ of Online Poker Goes Legit in US

From CNBC

Like brick-and-mortar retailers, casinos in Las Vegas—and pretty soon in Atlantic City—are finding themselves up against a familiar foe: the Internet.

It may seem counterintuitive that Nevada and New Jersey—homes to the two biggest gambling cities in the country—are leading the charge at the state level to legalize online betting. But states, like many Americans, are looking for new revenue streams as the economy continues to sputter to life. And some casinos are being proactive, looking for ways to develop or partner their way to a Web-based gaming presence.

In February, Nevada become the first state to approve legal online poker. It sparked an online gaming renaissance and a shift in operations from “Wild West” offshore locales to the United States, Ben Mezrich, author of “Straight Flush,” told CNBC Tuesday, the day the book was released. He’s also the author of “The Accidental Billionaires: The Founding of Facebook” on which the movie, “The Social Network,” was based.

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