Online Poker News - Latest Test Passed For Nevada Poker Legalisation Law
17th of February 2012 - latestpokerbonuses.com
Minimum Internal Controls (MICS) approved - implementation in March
The Nevada regulators are pressing the finalisation of administrative requirements for the state's legalisation of online poker measure. Therefore, Gaming Control Board has earlier this week announced that it had completed the Minimum Control Standards required of operators, reinforcing its approval of the final Technical Standards.
The MICS, probably to be implemented next month, will enable companies interested in obtaining Nevada licensing to make final preparations in order to ensure compliance with the Board's specific standards and technical requirements. The areas to be covered include: registration and the information required from players; verification of ID and age; financial arrangements; penalties for providing false information; and operator requirements.
Now, the regulators will finalise plans for the licensing process, meaning that the work on reviewing the applications of thirteen companies - already applied for licensing - is in progress.
The initial phase, probably on an intrastate basis, will restrict activity to Nevada residents and visitors to the gambling state, but when and if circumstances permit, the flexibility that has been built into the system will allow a wider spread of activity.
So far, the Gaming Control Board has not indicated when the issue of licenses will de facto take place.
Gambling Law & Society News General Poker News
13th of January 2013
8th of May 2013
22nd of May 2013
15th of April 2013
19th of April 2013
30th of April 2013
24th of March 2013
Join now for full access to our online poker forum/chat plus receive our newsletter with news & exclusive bonuses every month.
Disclaimer Contact Us Privacy Gambling Help Site Map
LatestPokerBonuses.com © 2006-2013