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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