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MGM Resorts International CEO Jim Murren, said that he expects his company to obtain an online gaming
license from Nevada regulators this week, and also commented that US states are talking with each other to forge alliances to create a viable interactive gambling market, as the expected
Federal online poker bill will fail in the forthcoming lame duck session after the Presidential elections are over.
Obtaining the Nevada license would move MGM one step closer to entering the online field, which is expected to reach $10 billion a year nationwide by 2017.
Nevada, Delaware and New Jersey are among the states that have moved or are moving toward interactive gaming after the U.S. Justice Department last year declared that only
online betting on sporting contests was unlawful, allowing states to legalize some forms of online gambling, from lotteries to poker.
“We are encouraged to know that states are talking to one another. They are crafting their own legislation and legal frameworks but are talking with other states in anticipation of compacting with multiple states,”
MGM CEO Jim Murren said in a recent interview.
Read entire story HERE
license from Nevada regulators this week, and also commented that US states are talking with each other to forge alliances to create a viable interactive gambling market, as the expected
Federal online poker bill will fail in the forthcoming lame duck session after the Presidential elections are over.
Obtaining the Nevada license would move MGM one step closer to entering the online field, which is expected to reach $10 billion a year nationwide by 2017.
Nevada, Delaware and New Jersey are among the states that have moved or are moving toward interactive gaming after the U.S. Justice Department last year declared that only
online betting on sporting contests was unlawful, allowing states to legalize some forms of online gambling, from lotteries to poker.
“We are encouraged to know that states are talking to one another. They are crafting their own legislation and legal frameworks but are talking with other states in anticipation of compacting with multiple states,”
MGM CEO Jim Murren said in a recent interview.
Read entire story HERE
