- Joined
- Jan 14, 2008
- Messages
- 63,474
In the midst of the debate over online poker regulation at the US House of Representatives, online poker related entities seem to already be predicting that future legislation will fall their way. Positive expectations are high and companies around the world are preparing to start catering legal online poker services to US customers.
Last week Mark Lipparelli, the Chairman of the Nevada Gaming Board, commented at the US Online Gaming Law Conference that Nevada will start taking applications for the 2012 licenses as soon as of February of next year.
The process of obtaining a license to offer online poker services in Nevada is not so simple; Lipparelli stated that there are high standards that must be met by online poker operators in order to be granted a license. “We’re going to continue to be flexible, but we think we’ve set the bar high for licensing and suitability,” said Lipparelli.
In order to get a license, online poker operators must meet Nevada’s standards of fraud prevention, player protection, privacy, gaming quality, among others. Licensees would be required to maintain a revolving fund of $20,000 to pay for compliance investigations and do everything in their hands to prevent bot use. Players would not be allowed no do inter-account transfers and they are only allow to have one account with their real name.
SOURCE- CAP
Last week Mark Lipparelli, the Chairman of the Nevada Gaming Board, commented at the US Online Gaming Law Conference that Nevada will start taking applications for the 2012 licenses as soon as of February of next year.
The process of obtaining a license to offer online poker services in Nevada is not so simple; Lipparelli stated that there are high standards that must be met by online poker operators in order to be granted a license. “We’re going to continue to be flexible, but we think we’ve set the bar high for licensing and suitability,” said Lipparelli.
In order to get a license, online poker operators must meet Nevada’s standards of fraud prevention, player protection, privacy, gaming quality, among others. Licensees would be required to maintain a revolving fund of $20,000 to pay for compliance investigations and do everything in their hands to prevent bot use. Players would not be allowed no do inter-account transfers and they are only allow to have one account with their real name.
SOURCE- CAP
