New bill could inadvertently ban betting apps in Vegas
Winslow
Junior Member
LOL, what a possible disaster. There's a few Strip books that have plans to add mobile apps, including MGM, Caesars and Wynn. Have to wonder if this will force them to pump the brakes a bit.
http://www.reviewjournal.com/business/casinos-gaming/analysis-net-gambling-bill-accidentally-criminalizes-some-nevada-sports-bets
A bill in Congress that would ban Internet gambling would inadvertently criminalize Nevadas booming mobile sports wagering business, which has been credited with turning the Silver States sports books into a $3.9 billion-a-year industry.
The measure, backed by Las Vegas Sands Corp. Chairman Sheldon Adelson, is aimed at reversing changes made in 2011 to the 1961 Federal Wire Act.
If approved, the bill would end most forms of online betting, including interactive poker in Nevada.
Because the bill would stop transmission of gambling information through wire communications across state lines, mobile sports wagering in Nevada would also be halted, crippling sports book operations in the state.
While we dont think this is the intent of the bill, we are concerned it could be an unintended consequence, said William Hill U.S. CEO Joe Asher. The company, which operates race and sports books for Nevada casinos, operates a healthy mobile wagering business.
http://www.reviewjournal.com/business/casinos-gaming/analysis-net-gambling-bill-accidentally-criminalizes-some-nevada-sports-bets
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