Monarch Gaming Added to Firms Aiming to Enjoy Nevada’s Online Poker Revolution
Monarch Gaming have added their name to a steadily growing list of companies seeking to gain entry to the forthcoming intra-state online poker industry in US state Nevada.
A Nevada Gaming Control Board source says Monarch Gaming are aiming to join the market as an online poker operator, which is so far restricted to existing bricks-and-mortar licencees within the state. However, service providers – firms that maintain and run the software required to operate a poker room – can be newcomers to the state, as long as they partner with an existing casino.
As Monarch Casino & Resort Inc are the owners and operators of the Atlantis Casino Resort in Reno, Nevada, there should not be any great problem with their application.
Companies Lining Up to Secure Licences
Australian firm Aristocrat Leisure Limited – who provide electronic gaming machines all the way up to complete gaming solutions, including ancillary equipment, electronic tables, services and systems – were the previous firm to officially apply to the Gaming Control Board for a licence back in late December as they look to expand their overseas concerns in countries such as the USA, the UK, New Zealand, Sweden, South Africa, Japan, Macau and Argentina.
Their Las Vegas-based subsidiary, Aristocrat Technologies, will be the name on the application, though, as the business lines up behind several other gaming companies, including 888 Holdings plc, Bally Technologies, Inc, International Game Technology, Cantor Gaming, Shuffle Master, Inc, and South Point Poker, in seeking to gain access to Nevada’s soon-to-be-in-place market. Paperwork is already being reviewed by the Gaming Control Board, although no one is quite sure when the first application might be submitted for approval to the Nevada Gaming Commission.
Regulators Fine-Tuning Details of Law
Now that applications are beginning to increase, the state’s regulators have been tweaking the standards that companies must meet following the initial framework that was put in place late last month. Nevada’s lawmakers have also been drafting regulations that will put in place provision for private testing of online poker websites.
We at Poker News Report will strive to keep you the latest poker news on all things related to the development – or otherwise – of an online poker industry within the USA.