Update: Nevada Learns from the Case of FTP

Oct 22, 2011
Update: Nevada Learns from the Case of FTP
Nevada Gaming Control Board releases its proposal As a result of the Nevada state Legislature's tasking, which followed the positive vote on legalization of online poker in the state - conditional on federal approval first – the the Nevada Gaming Control Board this week released its draft for Minimum Internal Control Standards for Interactive Gaming. It appears that the FTP case has taught legislators a good lesson, so one of the strict requirements and standards for operators include a provision that all revenue (deposits) collected must be “deposited into a segregated, separate bank account,” along with precautions against credit being given to punters. Other precautionary demands involve player privacy and stringent security protection measures.
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