Nevada GCB Recommends Two More Licensees

Nevada GCB Recommends Two More LicenseesAs expected, both 888 Holdings and Treasure Island received favorable recommendations for interactive gaming licenses by the Nevada Gaming Control Board.

The pair will now await a final decision for licensing by the Nevada Gaming Commission scheduled for March 21. If the commission elects to rubber stamp its approval, 888 and Treasure Island would be recorded as the 20th and 21st gaming companies to receive Nevada online poker licenses.

As a European company, 888 Holdings was required to field a considerable amount of questions by the trio of control board members. The board took note of the fact that 888 stopped servicing the U.S. market after enactment of the Unlawful Internet Gambling Enforcement Act in 2006, reported.

An interstate compact law signed by Gov. Brian Sandoval in February includes a provision requiring potential licensees in the state’s online poker regime to be in compliance with the UIGEA. Online gaming companies such as PokerStars who continued to cater to American players after Dec. 31, 2006 will be prohibited from participating in the Silver State’s online poker scheme for a five-year period.

As a well-known casino in Las Vegas since the early 90’s, Treasure Island did not face the same scrutiny as 888 Holdings from board members prior to receiving their recommendation. As reported at PokerNewsReport yesterday, both companies have signed an agreement to work in tandem on launching an online poker site sometime this summer. 888 Poker has also joined forces with Caesars Interactive Entertainment.

The control board also recommended the approval of two other companies to provide functions related to online poker. Player Verify LLC, located in Tennessee, will operate a website that will inform gaming companies to refrain from sending marketing information to certain individuals, particularly those identified as problem gamblers. And XYVerify in New York will provide technology that will validate a player’s location, making sure players are within Nevada boundaries.