Companies slow to initiate online gaming
By Cy Ryan, Las Vegas Sun
CARSON CITY — Some casinos that gained prior approval from state regulators are taking a go-slow approach in entering the online poker market.
The state Gaming Control Board Wednesday recommended approval to three companies to extend their license for another six months before they offer the computer poker business in Nevada.
Board chairman A.G. Burnett said the law requires companies to activate their licenses within six months. He said these firms are in a “holding” mode, waiting to see how the market emerges.
And he said some companies are still developing their product or waiting for the control board’s staff to clear their interactive game system.
My favorite factoid about this subject was the editorial published in this space by Sheldon Adelson talking about the danger to society that on-line gaming brings. Of course, he didn’t mention the on-going process of his own company to pursue on-line gaming. And he didn’t mention the damage that the gaming industry brings to society (while providing him incredible personal wealth that he uses to buy politicians). The hypocrisy and irony are just delicious.