That old adage of “What Happens in Vegas Stays in Vegas” might not apply to the digital age after Nevada’s governor signed legislation legalizing online poker betting.
Instead of traveling to Sin City to throw away your hard-earned cash inside smoke-filled casinos (free drinks, though), you can legally waste it away online from the comfort of your bedroom. The legislation essentially means you can lose your pants without even wearing any. And over is the nightmare scenario of driving to Lost Wages in your $20,000 car and returning on a $500,000 Greyhound bus.
States across the union are mulling gaming legislation to bolster their coffers following a President Barack Obama administration opinion (.pdf) that generally authorized online gambling. New Jersey is expected to approve online gaming perhaps as early as next week and become the second state to do so.
“This is an historic day for the great state of Nevada,” Brian Sandoval, Nevada’s governor, said Thursday. “Today I sign into law the framework that will usher in the next frontier of gaming in Nevada.”
The states had been bearish on online gambling until two days before Christmas in 2011, when the Justice Department’s Office of Legal Counsel said the 1961 Wire Act did not prevent states from selling lottery tickets to adults over the internet. That decision has been interpreted to allow online gaming, except for internet sports wagering.
“Now that the Department charged with enforcing the law has limited that statute to cross-border sports bets, there is literally no federal law standing in the way of a state authorizing intra-state online games, and even entering into compacts with other states and nations to pool players,” according to I. Nelson Rose, a Whittier Law School professor and one the country’s most noted gambling scholars.
The administration opinion also trumped the Unlawful Internet Gambling Enforcement Act of 2006 (.pdf) because it ”prohibits gambling businesses from knowingly accepting payments in connection with the participation of another person in a bet or wager that involves the use of the internet and that is unlawful under any federal or state law.”
Nevada’s measure, AB114, (.pdf) grants the state the power to license online gaming venues and to enter into deals with other states to allow internet poker.
Legalized Online Gambling Coming to a Computer Near You
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Legalized Online Gambling Coming to a Computer Near You
