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| The Future of Online Gaming in Nevada |
28/04/2001 Nevada Assembly votes on Online Gambling Bill This week, the Nevada Assembly approved a bill that authorizing state regulators to issue licenses for interactive gambling. The bill now goes to the state Senate, where it?s expected to pass. Introduced by Assemblywoman Merle Berman, Bill AB296, enjoyed broad support. However, it went to a second vote mainly because of concerns about a related measure, AB578, that imposes big fees on operators of interactive gambling sites. Berman's measure passed easily, but AB578 failed on a 21-18 vote. Many members, including Berman, voted against AB 578, complaining that the high fees would prevent smaller casino-hotels in less populated areas of the state from offering interactive gambling. On Thursday the bill was amended and upfront operational fees were cut from US$1 million to US$500,000. Berman then withdrew AB 296 and AB 578 was amended to include many of the AB 296;s original provisions. The bill then passed 37-2, with three abstentions. However, it could be nearly two years or more before licenses are issued. Prior to this, the Nevada Gaming Control Board and the Nevada Gaming Commission need to determine that Online gambling would be legal under ?all appropriate laws? and that it can be regulated as well as drafting the regulations before they even consider applications for licenses. The online gaming industry is extremely optimistic about the introduction of this bill, as the approval of Nevada, the most prominent gaming jurisdiction in the world, will provide the industry with much needed respectability. |
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