Nevada and New Jersey are checking out gambling compacts; other states may follow
It may be the alliance that is biggest since America and Britain made up: Nevada and brand New Jersey the first two US states to legalize and regulate online video gaming could be developing an advertising alliance to create a larger Internet gambling audience.
‘we think it’s most likely that in 2014 we’ll see a compact between New Jersey and Nevada,’ said MGM Resorts International CEO Jim Murren, who says his company and others like it are coming together to figure out how everyone can work to produce an online that is joint gambling between the two states. At the time of now, only Nevada and New Jersey are actively online or about to use the internet with poker and casino gambling (New Jersey only), so it would truly broaden the player net until more states come up to speed.
Expanding the Market
Without New Jersey in the mix, some casino operators feel that the potential on line player population for Nevada is simply too tiny.
‘We’ve really been focusing on Nevada’s ability to compact along with other states, create more liquidity,’ said Murren.
In order to make it happen, all of the regulatory bodies need to spearhead the union besides, as Nevada State Gaming Control Board Chairman A.G. Burnett explained in a meeting: ‘Nevada is striving to complete exactly what it can in regards to compacts. We don’t jump into the fire without having done a lot of careful research and study into t (more…)