Nevada Gaming Control Considers Regulating Online Gambling

[Mousey]

Edward Lawrence, Reporter
Gaming Control Considers Regulating Online Gambling

Updated: Jan 11, 2008 05:23 PM CST

The Nevada Gaming Control board looked at the possibility of sanctioning internet gaming Friday. The regulators commissioned a study by UNLV to gauge interest amongst Nevada residents in gambling over the internet.

The Internet Gaming Prohibition Act bans the financial transaction on games of chance for people in the United States -- Nevada regulators say not so fast.

"There is some ability or there is some argument that now there is an exemption to the federal law," said Gaming Control Board Chairman Dennis Neilander.

It's the same exemption that allows the wagering on horse races and only applies in states where betting on horses is legal, like Nevada.

Neilander says, gaming companies and technology companies have pressured regulators to license internet gambling web sites based in Nevada. "A number of these groups have said, "Why don't you ...