South Point Confirmed as First Nevada Poker Operator
South Point Poker LLC, the online arm of the Las Vegas South Point Hotel, Casino and Spa, has received the first official Nevada online poker operator’s license. The company had been in talks with the state for a long time, and the industry has known for several weeks that the license was essentially a “done deal”, but the license has now been formally issued. Monarch Casino received the second license, with the age difference between the two licenses being quite literally just a few moments, but it’s unlikely that Monarch will beat South Point to market, as the company has not been agressively pursuing an entry strategy.
This year has been a good one for online poker, as the industry has managed to pick itself back up after Black Friday. US poker players who had money tied up in Full Tilt should get their funds back soon, and Full Tilt itself should be back online before the end of the year. In addition, Federal Judge Jack Weinstein of New York has declared that poker is a game of skill.
The battle between poker players and the US government is not yet over, however, as the Republican party has made it quite clear that they still have an anti-online gambling stance. It’s important that poker players all over the world watch what’s going on in the GOP, as the stance of the USA could quickly filter across to other countries.