Nevada Passes Online Gambling Compact Legislation

Published Thursday, June 06, 2013 - Online-Casinos.com
Nevada Passes Online Gambling Compact Legislation

It is truly amazing how fast the online gambling industry in America is changing. The launch of real money and legal online poker in Nevada and the passing of the laws permitting online gambling in New Jersey and Delaware has seen internet wagering become a reality.

Now the Nevada state legislature has passed Assembly Bill 360 which allows online gambling compacts with other regulated US states, as well as regulated offshore and Tribal operations. The passed bill was designed with compacts in mind allowing the operators in Nevada to connect with other regulated environments and create bigger more lucrative prize pools and tournament numbers.

AB 114 the original legislation that Governor Brian Sandoval gave his approval to was criticized by the Alderney Gambling Control Commission for omitting language authorizing compacts beyond US borders. Bill 360 puts that language back in the text and allows for compacts and alliances between other states in America as well as foreign governments. The approved Bill has replaced the word ‘state’ with the far broader ‘jurisdiction.’ AB 360 defines eligible compact partners as “any governmental unit of a national, state or local body exercising governmental functions, other than the United States Government. This term includes, without limitation, national and sub-national governments, including their respective departments, agencies and instrumentalities and any department, agency or authority of any such governmental unit that has authority over gaming and gambling activities.”

AB 360 also requires compact-signatory governments to prohibit operators from taking part unless they are found to be suitable “pursuant to requirements that are materially consistent with the corresponding requirements. ” This refers to the possibility of so called ‘bad actors’ using the laws of Nevada to enter the market in the USA and it effectively keeps the rules tight and secure. New Jersey’s online gambling law has now entered into the sixty day consultation period after which the possibility of a compact between Nevada and New Jersey will be discussed.

Related news

Return to Latest News