Nevada Approves International Compact Agreements

Posted on June 7th, 2013 by Todd Wilkins

Nevada Approves International Compact AgreementsNevada is commited to expanding its player pool beyond state borders as lawmakers unanimously approved international compact agreements.

The state legislature found overwhelming in favor of Assembly Bill 360, three months after Governor Brian Sandoval signed a bill allowing interstate compact agreements, PokerNewsReport.com reported. Nevada will now hope to increase player liquidity by partnering with online poker regimes in other countries, as well as other states.

The new law may have originated at the suggestion of the Alderney Gambling Control Commission. The AGCC was one of the first parties to respond to a “Notice of Request for Comments” posted on the website of the Nevada Gaming Commission (NGC) in March. The NGC sought information and suggestions on the best way to regulate compact agreements between states, as well as any other observations that interested parties deemed worthy of mentioning.

The AGCC urged the NGC to amend its statute to include compact agreements of an international nature. Nevada lawmakers apparently took that advice seriously by approving AB 360, which permits partnerships with sovereign tribes and foreign governments. Gov. Sandoval is expected to sign the bill into law, as he has gone on record as stating that the Silver State intends to be in the forefront of online poker legislation.

With regard to alleged “bad actors” who operated in the U.S. post-UIGEA in 2006 and may attempt to infiltrate the U.S. online poker market via overseas jurisdictions, the law currently in place in Nevada still stands. Online site operators hoping to join forces with Nevada must adhere to the five-year prohibition that prevents entry into the marketplace at least until 2018.

Online poker in Nevada kicked off on April 30 when Ultimate Poker launched the first regulated site in the U.S. Others are expected to join the mix this summer, such as Caesars Entertainment’s WSOP.com. That site began a free-play launch in conjunction with the start of the 44th annual WSOP in Las Vegas just one week ago. Treasure Island is also said to be nearing rolling out an offering of its own that should be up and running before autumn.

It is highly encouraging to see that Nevada lawmakers continue tweaking their online gaming statutes in order to increase both player pools and profits. Permitting international agreements will open up the customer base considerably and should provide for a viable online poker regime. While state-by-state legislation is moving at a snail’s pace in the U.S., other countries throughout the world already have laws in place. Nevada may have to wait a long time to partner up with other states in the U.S., but such patience may not be required for agreements made with international jurisdictions.

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