[F I N A N C E
NEWS
]
VIEWPOINT
LLOYD LEVINE
former California Assemblyman and president of Filament Strategies
The failure of California, New Jersey and other gaming states to quickly legalise and implement internet gambling systems will give Nevada gaming operators such a big head start that those states may never catch up. Nevada is poised to offer games to players this year. Initially, gaming will occur only within the state’s borders, however there are two paths which would legally allow the state’s casinos to offer games elsewhere. First is the federal approach, where Congress passes authorising legislation to create a national model. The Nevada casinos have recently established business partnerships with large European internet gaming operators. The combined power of their internet and land-based brand identification will give them a huge advantage in name recognition and player liquidity. The other path is the 'interstate compact' model. Next year, in the absence of any movement at federal level and at the urging of the Nevada casino operators, look out for the Nevada negotiating interstate gaming compacts to allow players in states like Idaho, Wyoming and North Dakota to start playing on Nevada-based sites. California ????????????????????????????????????????????????????????????????????9????????????????????Q?????????????????????
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