Gaming Control Board approved six companies to extend their internet poker

Nevada: online poker gaming win exceeded only bingo

2014-04-03
Reading time 1:45 min
(US).- The first monthly report on online poker gaming win showed it exceeded only bingo compared to other casino games, slot machines and sports betting. The gross win for the gaming companies offering interactive poker for February was usd 824,000, which exceeded bingo at USD 490,000. Burnett noted there were only three companies licensed to offer poker to Nevadans — South Point, Caesars Entertainment and Fertitta Interactive, which is tied to Station Casinos

The state Gaming Control Board approved applications from six companies to extend their internet poker, licenses which were to expire if the companies did not start the games online in Nevada within six months. To get a full-scale license for Internet poker, the state charges a us$500,000 entrance fee and us$250,000 a year. Silver indicated he hoped those taxes might be modified

“People are weighing the market,” said A.G. Burnett, board chairman.

Ellen Whittemore, attorney for MGM Resorts Online – one of the companies granted an extended license – told the board it “was continuing to monitor” if the play picked up.

Jeff Silver, an attorney representing the Max in Las Vegas and the Carson Station in Carson City, told the board there were only 150 players online for the poker games at one time and 500 persons are needed.Outside the meeting, he called it “a loser.”

Still, the Max, formerly the Maxim in Las Vegas, and the Carson Station gained preliminary approval Wednesday to go forward toward a license if there are changes.

Rory Bedore, owner of the two properties, said his casinos needed to look at new ways to do business. He told the board he wanted to be in a situation to move quickly if online poker games picked up.“I have no illusions that we would make a ton of money” but the interactive poker games would be used to as an advertisement to draw in customers.

Nevada and Delaware recently signed an agreement to allow poker players in each state to play online with companies that offer the games in the other state. So far there have not been any final agreements between companies in each of the states. Delaware and New Jersey now allow full-scale gambling over the Internet for its residents.

Gov. Brian Sandoval says he does not support full-scale casino games to be offering to Nevadans. It should be only poker in Nevada, he said. It’s up to the individual states to determine their own policies on Internet gaming, he said.

Those clubs recommended for extension of their licenses by the control board Wednesday were the Grand Siena and Boomtown Reno Truckstop, both in Reno, and MGM Resorts Online, Golden Nugget, Boyd Interactive Gaming and Z4Poker, all in Las Vegas.

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