South Point Casino in Pole Position for Nevada Online Poker

South Point Casino in Pole Position for Nevada Online Poker

Posted on 23/08/12 - by Theodor Mavrodis News

South Point Hotel, Casino & Spa is poised to become the first Nevada casino to offer legal online poker to residents and tourists to the state.

On August 23 the Nevada Gaming Commission will award gaming licenses, with South Point expected to receive licenses as both an operator and a manufacturer.

Unlike other casinos that plan to partner up with software and technology providers, South Point has developed its own in-house online poker software.

The software is currently undergoing testing and will be submitted to the state’s Control Board for final approval.

Assuming South Point receives its expected licenses and the software is approved, South Point will pay the mandated $500,000 license fee and be free to open the virtual doors to its online poker offering to Nevada residents and visitors.

Dozens Apply for New Licenses

More than 30 companies have applied for licenses as part of Nevada’s push for online poker, with some applying in several different categories as far as hoping to act as operators, manufacturers, and service providers.

Other big names jockeying for position in the Nevada online poker world include Bally Technologies, IGT, Shuffle Master, and Aristocrat Technologies.

Nevada is one of several US states looking to blaze their own trail to offer legal online poker on a state-by-state basis. Tired of waiting on a change of federal laws, US states hope to cash in on tax money for offering legal, regulated online poker.

A struggling US economy and high unemployment remains the primary driver behind efforts to legalize some forms of online gambling.

The popularity of poker -- and element of skill involved -- place it high on the list of many legislative efforts as it’s an easier pitch to voters and less objectionable than offering online casino games or sportsbetting or other forms of gambling.