Online Gaming's Great New Outlook For NevadaPublished June 13, 2013 by OCR Editor
After quite a wait, the horizon finally looks hopeful for online gambling in America with the passage of Assembly Bill 360.
After quite a wait, the horizon finally looks hopeful for online gambling in America. First it was the launch of legal and regulated online poker for real-money betting and then the legalization of online gambling in Delaware and New Jersey. America appears to be seriously thinking about allowing its states and citizens to make bets and play online casino games on the internet.
Assembly Bill 360
The latest testament to how far the United States has lightened its stance on online gambling was the passing of new laws that essentially allow online gambling compacts with other regulated states and regulated offshore and tribal operations. This means that online casinos in Nevada and Delaware can partner with overseas operators to make way for more lucrative prize pools and better tournament turnout.
Governor Brain Sandoval of Nevada was criticized for the original Assembly Bill 114 which critics argued did not authorize any form of compacts outside US borders. With the passing of the new 360 bill, the language is correct this time and compacts between other states as well as foreign governments will be allowed.
This is great news for top online operators like William Hill and bet365 who have had their eye on the massive US market and can potentially create new deals with online casinos in the US.
Who Can Make a Deal
The new bill prohibits operators who would take part in online casino ventures only to breach the US market and try to get around the fine print. States such as New Jersey and Nevada can now seriously discuss a new compact, and New Jersey has entered a two-month consultation period to determine what the possibilities are and ultimately with whom.