Interstate Compacts Approved in Nevada
Back in February an amendment was made to the Nevada online poker laws that allowed for interstate compacts, meaning states that wished to regulate online poker themselves could share players pools and therefore liquidity with Nevada. Online poker has now been running in the state for a month or so and lawmakers have now decided that international compacts will be permitted very soon as Assembly Bill 360 was overwhelmingly approved by state legislature this week. Making online poker both viable and profitable means you need players on tables, and it's been a well documented fact that as a stand alone offering Nevada would achieve neither, however this changes the game somewhat. The new amendment means that Nevada will now be allowed to enter into agreements with both tribal and international governments and as so will help massively in increasing the amount of players that are eligible to take to the virtual felt in regulated Nevada online poker rooms.
Advice Adhered To
A few months back the state of Nevada sent out a request for thoughts on how best to implement, manage and operate interstate agreements and although most observers had actually written about how to do this, the Alderney Gambling Control Commission (AGCC) offered its assistance, suggesting that international compacts was the way forward. This means that after Gov. Brian Sandoval asked, he has taken on board the advice and we look set to see, in the future of course, poker sites accepting players from overseas. The bad actor clause however still stands meaning that the current five year ban on any site that took wagers in the US post UIGEA still stands, meaning of course the giants of PokerStars and Full Tilt will not be able to operate. So far we have just the one site up and running in the Silver State and that is Ultimate Poker, with its decent yet limited offering, whilst Caesar's is said to be launching their real money site sometime this summer, as well as Treasure Island.