
A month after the news of proposed online gaming legislation was announced, the state of Nevada passed gaming legislation with a unanimous vote. This makes the state the first to successfully pass poker legislation that refers to online play within their borders.
Of course its right that Nevada be the pioneers in the state based gaming legislation gig as they house the largest gambling center in the country. Las Vegas provides the state with a lot of revenue and lawmakers obviously realize the importance of supporting its main source of income as it changes and evolves.
Several Nevada based companies have applied for licenses under the new online gaming law. They include International Game Technology, Cantor Gaming and Caesars Entertainment. It seems the license application processing will open up early next year.
Many legislators have expressed concerns about legalizing online gaming at the state level and Nevada attempts to answer those concerns with the guidelines and rules that come with licensing. Sites will have to have certain information on their websites regarding problem gambling, tax information and an avenue for conflict resolution. The licensed sites will be thoroughly examined and must make effort to ensure only in state residents of legal age utilize their website.
Nevada is leading the way in state based online gambling regulation. Other states have attempted and perhaps will try again as Nevada provides an example of regulation and successful monitoring of an online program.