NV, N.J. may partner in online gaming
By Sue Zeidler, Reuters
MGM Resorts International is working with Nevada officials who are discussing banding together with New Jersey to create a joint online gaming market, CEO Jim Murren told Reuters in an interview.
“I think it’s likely that in 2014 we’ll see a compact between New Jersey and Nevada,” Murren said in an interview following the company’s second-quarter earnings call.
In the past, Murren contended that Nevada alone may be too small a state to provide a large enough online market.
“We’ve really been focusing on Nevada’s ability to compact with other states, create more liquidity,” said Murren.
A.G. Burnett, chairman of the Nevada State Gaming Control Board, told Reuters he shared Murren’s optimism.
“Nevada is striving to do what it can in regards to compacts. We do not jump into the fire without having done a lot of cautious research and study into the particulars of such agreements, and that phase is nearing completion,” he said.