Print 26 comment(s) - last by xti.. on Feb 27 at 6:36 PM

Nevada beats New Jersey to the punch

Nevada Governor Brian Sandoval signed a bill into law this week that legalizes online poker in the absence of federal action. The Nevada Legislature fast-tracked the online gaming bill declaring it an emergency measure taking the bill to the Governor for signature on Thursday.

Both houses of the legislature voted unanimously to pass Assembly Bill 114, and the bill is expected to expand the customer base for Nevada casinos and should bring in a huge influx of cash.

Nevada Governor Brian Sandoval signed Bill 114 after is was fast tracked through the state Legislature. [Image Source: Watchdog]

“We’re going to do it now,” said Assembly Majority Leader William Horne, D-Las Vegas. “We’re going to beat New Jersey.”

Nevada is in a competition with New Jersey to become the country's online gaming hub. New Jersey Governor Chris Christie vetoed a bill passed by his state legislature previously, but is expected to sign an amended bill next week.

“This is good-natured competition,” said Pete Ernaut, lobbyist for the Nevada Resort Association, in reference to New Jersey. “If we get there first, fantastic. If we get there within 24 to 48 hours, it’s not a big deal.”

New Jersey Governor Chris Christie is rushing to put his state on equal footing with Nevada in online gambling. [Image Source: Getty Images]

One reason the bill is able to move forward so quickly was due to a compromise allowing the Nevada Gaming Commission to double the $500,000 online poker license fee to $1 million in certain circumstances.

Another caveat in the bill bans companies that illegally participated in online gaming between 2006 and 2011 for a period of five years.

Source: Las Vegas Sun

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RE: Just great...
By Creig on 2/22/2013 11:45:02 AM , Rating: 3
I knew I'd be on Reclaimer's radar, but had to post it anyhow. :)

My experience working at a casino really opened my eyes to how many people have gambling addictions. I don't prefer to gamble myself, but as long as it's done for entertainment purposes only then there's no problem.

The issue I have with INTERNET gambling is that shortly you will be able to do it right from your home. To me, that is simply too enabling for too many people to ruin not only their own lives, but the lives of their spouses and children. All for the sake of covering the asses of politicians who overspent their State's budgets and are now scrambling to try and find any way they can to repay it.

As I said, it's simply my personal opinion. But I wouldn't be sad if internet gambling stayed banned.

RE: Just great...
By Reclaimer77 on 2/22/13, Rating: -1
RE: Just great...
By Jeffk464 on 2/23/2013 11:04:18 PM , Rating: 2
I also don't enjoy gambling, I have never found loosing hard earned money to be that fun.

RE: Just great...
By xti on 2/27/2013 6:36:00 PM , Rating: 2
in can pay penny slots that make your $20 last hours...and free drinks.

sounds like that is much cheaper than a movie.

"A politician stumbles over himself... Then they pick it out. They edit it. He runs the clip, and then he makes a funny face, and the whole audience has a Pavlovian response." -- Joe Scarborough on John Stewart over Jim Cramer

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