What to expect from online gambling: 1) Online poker will precede other forms of online gambling...
Friday, February 22, 3:30 PM ETWhat to expect from online gambling: 1) Online poker will precede other forms of online gambling as the game of skill is viewed as easier to garner approval. Wynn Resorts (WYNN), MGM Resorts (MGM), and Caesars (CZR) have been planning aggressively for this day, but Las Vegas Sands (LVS) has been stuck in neutral. 2) State bill 114 gives Nevada the power to negotiate with other states to offer online gambling services. 3) The Nevada Game Board says it has 20 pending applications from operators and equipment manufacturers. Look for tech companies (previous: Zynga) to be in the mix. 4) Firms tied to the 2006-2011 illegal online gaming market are banned, indicating some of the strongest poker websites may be on the outside looking in.
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