Pokerstars and Nevada

[go mizzou]

Originally Posted by Brilliant27

Please let FTP/stars operate in Nevada. Greatest day of my life

+1

[xmykro]

I feel like Wynn will come crawling back to Stars. They already had a big plan in place before the black friday crap went down.

[tamiller866]

Originally Posted by Sawcruhteez

Why do you assert this, is Sands Corp in the pocket of some congressmen?

The other way around, Sands (Adelson) has most of the GOP in his back pocket, so if Sands was in position to be a dominant force in online poker, a Federal online poker bill would have a realistic chance of becoming law.

[DonkeyQuixote]

Originally Posted by PokerXanadu

Caveat: There may be DOJ criminal charges yet to be settled that will prevent PokerStars from applying in NV (or elsewhere in the US). I'm not sure where things stand in that regard.

Note: When I say they can apply as a service provider, this is per NV law & regulations. They can't apply as an operator in NV as under NV licensing only NV casinos can get licensed as an operator.

I have personally heard two NGC members state that PStars can apply for a license as a provider. I won't elaborate on the balance of their comments because they may be out of context today, given the settlement.

Keep in mind that at one point Wynn and Pstars were announcing working together. There is certainly someone in Nevada they could partner up with, which is not to say they would get a license.

(More worrisome seems the possiblity of 8+ Republicans demanding a federally legislated ban on Stars, as the cost of supporting any poker bill.)

[Gramps]

Originally Posted by Thew92

I just really hope Poker Stars is in talks with the Las Vegas Sands Corp. If they made a deal that would really increase the likelihood of federal legislation.

This.

[wynnkid]

Originally Posted by Brilliant27

Please let FTP/stars operate in Nevada. Greatest day of my life

this would be awesome!

[PokerXanadu]

PokerStars Has 'Credibility Issue To Overcome' In Nevada, State Lawmaker Says

"Thanks to its $731 million settlement with the United States Department of Justice, Isle of Man-based PokerStars has DOJ permission to re-enter the American market only if it can obtain a license under a state or federal regulatory framework."

"With its acquisition of former rival Full Tilt, PokerStars has added to its huge database of real-money players and could be attractive to Nevada, said State Assemblyman William Horne, sponsor of Nevada’s online gaming bill that was passed last summer. Horne is also a member of Nevada’s Gaming Policy Committee, which is headed by the governor.

However, for Horne, who worked extensively with PokerStars before Black Friday, the company has a “credibility issue to overcome.”

Before the federal indictments of the leaders of the major offshore poker sites operating in the U.S. were unsealed, PokerStars had been lobbying hard in Nevada to get real-money online poker authorized. Despite online gaming always being a vital issue for the state, the company was a driving force behind Assembly Bill 258."

"Horne said that he doesn’t think PokerStars was “candid” or “forthcoming” during its relationship with state lawmakers. He said that the company probably had an idea that a federal investigation was ongoing at the time.

When asked if PokerStars has burned any bridges in Nevada, Horne said that isn’t the case. He said that he has confidence in Nevada’s gaming regulators to vet each company that applies to do online poker business in the state on a case-by-case basis. PokerStars “might be deserving” of a license, he said."

[StrikeR300]

Originally Posted by xmykro

I feel like Wynn will come crawling back to Stars. They already had a big plan in place before the black friday crap went down.

Wynn was in negotiations to Zynga last I heard, & that's likely way more lucrative than a platform deal with Stars.

I personally hope PS isn't just a software provider in the US. Their biggest asset is their customer service, & general business philosophy IMO. I personally don't think we'll see great service from the big casino's.

[nessie]

If Pokerstars gets a license in Nevada, then only Nevada Pokerstars players will be able to play with other Nevada Pokerstars players? They won't be able to play with the rest of the world?

[PokerXanadu]

Originally Posted by nessie

If Pokerstars gets a license in Nevada, then only Nevada Pokerstars players will be able to play with other Nevada Pokerstars players? They won't be able to play with the rest of the world?

For the time being. It's a stepping stone into the US market, with the likelihood of international player pools sometime down the line.