Uncategorized Resort hotels to be benefitted from Nevada gambling bill

Resort hotels to be benefitted from Nevada gambling bill

It is believed that Nevada’s big resort hotels are in the best position, when it comes to getting benefitted from the internet gambling bill that was approved a month back.

One of the reasons is that the online gambling licenses are only going to be granted to the casino operators and resort hotels. They will then collaborate with technology companies for bringing the internet gambling technology to their users.

According to the gambling bill, resort hotels should have over 200 rooms, a bar, casino area and 24/7 restaurant to be eligible for offering online gambling services in the state. This law was put in place to make sure that only experienced and trusted brand would be allowed to operate online casinos. Therefore, credible standards are going to get established in this new market for the protection of the users.

Obviously, such restrictions had to be met with opposition. Geoffrey Lawrence, who is from the Policy Research Institute, said, “It is quite ridiculous. If such a thing had been in place in other sectors, entrepreneurs would not have been able to come up with things like eBay. Imagine, if they would have needed to open up a physical department store before opening up an online store, what would have happened. It might not have been feasible with the investing amount that they had.”

At this moment, there have been over 20 online gambling license applications submitted thus far. It is expected that within a few months, the first of the online casino is going to hit the scene.

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