Despite a mandate from the state legislature to explore Internet wagering in Nevada, state regulators are more likely to pursue “intrastate” betting as “a good first step.”
That was the message at Thursday’s meeting of the Nevada Gaming Commission, which accepted comments and recommendations, but took no action on the issue.
In a report prepared by the Nevada attorney general’s office, “intrastate” betting — wagering by Nevada residents within the state — was cited several times as a requisite for any policy on interactive wagering.
And because regulators in the past have cited federal law as a deterrent to online betting, it became clear they were zeroing in on intrastate, interactive betting as a possible first step for the state.
That didn’t sit well with Station Casinos, whose attorney, Jack Godfrey, expressed opposition to the concept. Godfrey warned that existing operators who have huge investments in the state, such as Stations, could have their market share eroded or “cannibalized” by a form of gaming in which players stayed at home.
Get the complete story, as well as other reports, including the results of a UNLV Task Force study on interactive wagering, in the Tuesday, May 21 issue of GamingToday.