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Nevada and New Jersey are exploring gambling compacts; other states may follow

It may be the biggest alliance since America and Britain made up: Nevada and brand New Jersey the first two American states to legalize and regulate online video gaming could be developing an advertising alliance to make a larger Internet gambling audience.

‘we think it’s 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 want it are coming together to figure away how everyone can work generate an online that is joint gambling between the 2 states. As of now, only Nevada and New Jersey are actively online or planning to go online with casino and poker gambling (New Jersey just), therefore it would definitely broaden the ball player net until more states come on board.

Expanding industry

Some casino operators feel that the potential online player population for Nevada is just too small without New Jersey in the mix.

‘We’ve really been focusing on Nevada’s ability to compact along with other states, create more liquidity,’ said Murren.

To make it happen, most of the bodies that are regulatory to spearhead the union as well, as Nevada State Gaming Control Board Chairman A.G. Burnett explained in an interview: ‘Nevada is striving to complete exactly what it can in regards to compacts. We usually do not jump in to the fire without having done lots of careful research and study into the particu Devamını oku

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Galaxy Gaming CEO Reassures Shareholders After Regulatory Denial

Galaxy Gaming CEO Reassures Shareholders After Regulatory Denial

A casino that is nevada-based games developer, maker and distributor is attempting to reassure worried shareholders following the company’s California ‘suitability doing company’ liberties had been revoked by that state’s Gambling Control Commission recently.

Defending Page

Galaxy Gaming CEO Robert Saucier has delivered a four-page missive to investors, claiming that all the issues decried by the Ca regulators in their decisions stemmed from a ‘predecessor entity that ceased business operation in 2009 and dissolved. The proceedings would not involve Galaxy, directly’ Saucier went on, adding that ‘it is business as usual [at Galaxy ] once we continue to deliver our products and solutions with no interruption.’

With Galaxy doing a great deal of its business in the Golden State specially with many tribes that are indian have gambling enterprises Saucier desired to guarantee clients and investors that Galaxy’s ‘gaming permit with Ca tribes is unchanged and in good standing. Likewise, our status in most other jurisdictions we serve is also unchanged and remains in good standing. In reality, we continue steadily to seek and get licenses that are new approvals in extra jurisdictions,’ the letter went on to state.

Conflicting Stories

And also this is where things have, um, a little confusing. Because while Saucier emphatically states in their letter that the California Gambling Control Commission don’t rule against h Devamını oku