HomePublicationsNewsletter ArchiveVolume 19Issue 4iGaming North America Conference Comes to a Close - iGaming Advances in Nevada

The third annual iGaming North America Conference, (“iGNA”), came to a close yesterday. The event was held from February 19-21, 2013 at the Planet Hollywood Resort & Casino in Las Vegas, Nevada. iGNA is a networking and education event based around the convergence of land-based and online gambling.

The goal of the conference was to educate and increase understanding regarding the potential regulatory impacts of internet gambling in the U.S. and Canada, and to provide critical information regarding the players, resources, legislative framework and topics that are important to the commercial gaming segment.

Frank Fahrenkopf, president and CEO of the American Gaming Association (AGA) noted that he “wouldn’t be surprised if a new [federal online gaming] bill was introduced in this session.”  He noted that he was “still hopeful something will get done.”

Mr. Fahrenkopf, who has been the CEO of the AGA since its inception in 1995, has presided over several notable accomplishments for the association, including the positive findings and recommendations of the National Gambling Impact Study Commission, the establishment and good works of the National Center for Responsible Gaming, and the worldwide success of industry trade shows the Global Gaming Expo and G2E Asia.  He will transition away from his AGA position effective June 30, 2013.

Nevada Passes Interactive Gaming Bill

Yesterday, February 21, 2013, Nevada Governor Brian Sandoval signed Assembly Bill 114 into law, which authorizes expanded interactive gaming.

The bill, which was fast tracked through the Nevada legislative process after only eighteen days of the current session, removes the provision requiring federal legislation or Department of Justice approval before online gaming licenses are made active, effectively establishing online gaming in Nevada. The bill also requires the Nevada Gaming Commission to adopt regulations authorizing the Governor to enter into agreements with other states to conduct interactive gaming.

“This is an extraordinarily important bill to our economy,” stated Gov. Sandoval. “I signed into law the frame work that will usher in the next frontier of gaming in Nevada. This bill is critical to our state’s economy, and ensures that we will continue to be the gold standard for gaming regulation.”

The new legislation removes regulatory barriers impeding interstate online gaming. Specifically, it allows Nevada licensees to enter into compacts with other states to offer online gaming. Under the bill, operating licenses for gaming establishments would only be available to a “resort hotel that holds a nonrestricted license to operate games and gaming devices.”

The bill would ban for a period of five years some companies who illegally participated in the online gaming market between 2006 and 2011.

Notably, similar efforts to allow for online gaming have been introduced in several states including New Jersey and Delaware.  New Jersey Governor Chris Christie stated Tuesday that he would sign into law an internet gaming bill if certain changes are made to currently proposed legislation.  Additionally, the Delaware Lottery is currently seeking requests for proposals for bids from vendors to operate the state’s centralized online gaming system under the stipulation that it would be up and running by September 30 of this year.

 

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