What are Nevada's next steps in online gaming?
We will work on fulfilling the Multi-State Internet Gaming Agreement's (MSIGA) mandates. We will continue to regulate online poker in the state and ensure integrity of the games and of the operators who offer them. We will also gladly meet with any other states interested in becoming part of the MSIGA.
How do you think the industry will evolve?
I have no predictions, but I can say Nevada continues to be a progressive leader, and a competitive one, in this space. We at the Gaming Control Board will continue to do what we have always done, and that is ensure strict regulation is coupled with an ability for business to thrive in that environment.
Do you see a Nevada-New Jersey compact coming?
I cannot say, but it is apparent that the MISGA contemplates other states joining in. I believe it was drafted with that intent, and it would be beneficial to all if that is what happens.
What is state's biggest competition?
Nevada has the most competitive licensees in the world, all doing business here in one form or another. Their competition has been for the state, and since they are the best gaming operators in the world, I am confident that this will continue.
Is a federal law possible in the US?
Theoretically, yes.
How do you see the European online market?
I see the European market as a mature one. The experience of the operators and the regulators is remarkable. I think the European market has served as a context for our understanding of what the American market could be, and it an example of where the market may go.
What are your views about the European regulatory frameworks?
There are many styles of regulation and methods of operation that have molded themselves around the cultural and political norms of each country. We have relied on what regulators have done in each jurisdiction when crafting our own laws, and we are very thankful for the great relationships we have around the world, notably in Europe. I think that the Nevada model of regulation also comes from its own historical and cultural basis, and when you compare Nevada's model with many of those found in Europe, you can see similarities and differences. In the end, the European market is successful and that is a credit to its regulators, and to the operators themselves.
Which European countries do you feel have the most advanced and mature regulatory frameworks?
I feel that Gibraltar, Isle of Man, Alderney, Spain, Italy, the UK, and many others represent mature regulatory frameworks. Again, you must analyze each in accordance with the historical and cultural reasons for their existence and the mandates their governments have given them. In the online space, though, many of the issues that arise are the same, and so each jurisdiction has solved those problems in the same fashion, in many cases. This leads us to conclude that such is the regulatory "best practice" in that particular context, and we may have therefore adopted that standard. However, as is the case with every jurisdiction, you must craft rules that are warranted for your state or country; one thing that has been particularly helpful is the International Association of Gaming Regulators (IAGR). IAGR has provided a great forum for all of us to discuss our issues, the problems we encounter, and how we can all solve them.
What countries have a higher growth potential in online gaming?
Wonderful question--throw a dart at the globe. Poker, in my experience, is universally loved. It's a great game. Many people from many different cultures love it. I therefore see potential in Asia, Europe, and places such as Australia. But of course each country must make its own decisions about what to allow.
What do you feel next year holds for the industry?
More dialogue will be held in the US both federally and at the state level.
Would you like to add anything about the Nevada and Delaware compact?
The Governor of Nevada worked very hard to make the agreement happen, and it is hoped that other states join.