NV Gov Sandoval Backs Reid-Kyl Federal Internet Gambling Bill

Republican Nevada Governor Brian Sandoval is one of the rising stars on the American political landscape, and he recently threw his “full support” to a federal Internet gambling bill. The bill proposed by Senate Majority Leader Harry Reid (D-Nev.) and Senator Jon Kyl (R-Ariz.) calls for an across-the-board regulation by the United States government of Internet gambling practices. Sandoval’s own state of Nevada has already legalized online poker, and Delaware is the only other state to legalize online gambling since the United States Department of Justice asked that responsibility be passed onto the state level. Nevada is inching closer to actually delivering the first occurrence of online poker since the US DOJ flip-flopped their age old position on Internet gaming in December of 2011.

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Boyd Awarded Nevada Online Poker License

Nevada rapidly moved to become the first state in the US to offer online poker for money after the Department of Justice (DOJ) allowed each individual state to decide their own Internet poker destiny late last year. As you can imagine, since then companies have been lining up in hopes of being approved for one of the first ever interactive gaming licenses offered by the Nevada Gaming Commission (NGC). Companies who are able to participate in the first wave of legalized online poker play since the DOJ ruling will be able to establish themselves as leaders in what looks to be a multibillion dollar industry in the US.

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Casino Players Position Themselves for $10 Billion US Gambling Market

Gambling industry analysts expect the United States online gambling marketplace to reach $10 billion in annual sales as early as 2017. That estimate comes in spite of the fact that no state in the US has yet to actually offer any form of legalized online gambling since the Department of Justice changed their stance on the legalities of gambling online. Nevada and Delaware have each legalized online poker and a full slate of online gambling offerings respectively since that the DOJ flip-flop, but both states are still in the approval and licensing process currently. But that has not stopped major US casino operations from rushing to understand and fully embrace Internet gaming.

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Maryland Legalizes Online Fantasy Sports Wagering

In the first step towards passing legislation that would legalize online poker like the state of Nevada, or a full cadre of online wagering like Delaware, Maryland on October 1 legalized online fantasy sports wagering. Maryland’s about face on the issue came about as a way to clear the air on what was currently a very uncertain and confusing state of affairs regarding popular fantasy sports played online for money in The Old Line State. Federal legislation seems to allow for online fantasy sports betting, but in the past Maryland has ruled the practice as illegal, while turning a blind eye on participants.

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Northern Nevada Future Bigwig of US Online Casino Games

Sometime in the next couple of months, the Reno based software developer 3G Studios will debut their online poker site. They recently launched their SlotALot.com online slots room, and just became the first video game company to apply for an online poker license in the United States. And until Nevada works out all the kinks in their online poker infrastructure, the up-and-coming software and video game developer will have to be happy with allowing players to gamble with free tokens. But that is still an incredibly lucrative undertaking, as virtual gambling with fake money or tokens created $2.4 billion in 2011.

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First Ever Online Poker License Granted – 3 New Licenses

With now close to 40 companies having applied for online interactive gaming licenses in Nevada, three new companies came one step closer to benefiting from Nevada’s “first-ever” online poker status in the United States by receiving an approval from the Nevada Gaming Commission on Thursday, September 18. Companies must first receive a go-ahead from the State Gaming Control Board after an intense vetting process, then the voting moves on to the Nevada Gaming Commission, and three new companies received the most recent thumbs up approval in last week’s round of voting. Nevada was the first state to pass online intrastate poker legislation since the United States Department of Justice passed that responsibility to the state level in December of last year.

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