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Not another bloody one

Discussion in 'OPA General Discussion' started by hitmob, Apr 2, 2001.

    Apr 2, 2001
  1. hitmob

    hitmob Dormant account

    Interactive Gaming Institute Established

    The Internet Business Alliance of Nevada Announces the Creation
    Of a New Organization to Promote Interactive Gaming Standards

    At a hearing of the Nevada
    Legislature's Assembly Judiciary Committee today, Richard Fitzpatrick,
    President and CEO of the Internet Business Alliance of Nevada (IBAN),
    announced the creation of the Interactive Gaming Institute.

    The Interactive Gaming Institute (IGI) is an independent, non-profit
    agency, that will provide professional support for the development of
    guidelines and business practice principles to help ensure that as interactive
    (Internet and intranet) gaming becomes more widespread, the software,
    documentation, equipment and other technologies necessary are developed to
    meet the rigorous standards of Nevada's gaming regulatory bodies.

    IGI will act as a clearing house to provide information on current and
    prospective technological developments that are of interest to the interactive
    gaming industry and its regulators. IBAN established IGI to provide a bridge
    between the technology community and gaming industry.

    The creation of IGI coincides with legislation currently before the Nevada
    Legislature's Assembly Judiciary Committee that would authorize the Nevada
    Gaming Commission to study and adopt regulations for the licensing of
    "interactive gaming," which includes the acceptance of wagers via the

    Assemblywoman Merle Berman says she introduced Bill AB296 because
    "the growth of Internet casinos can no longer be ignored. AB296 allows Nevada
    to make a reasoned decision about what its relationship to wagering via the
    Internet will be."

    According to Assemblywoman Berman, the revenues to casinos on the Internet
    are reportedly in the billions of dollars. "Nevada has always been the first
    and best in gaming, and still remains so. AB296 will make it possible for our
    gaming regulators to move quickly and in the best interests of our casinos."

    "We want to make sure that the technology companies who wish to provide
    products and services to make interactive gaming possible, fully understand
    the regulations and procedures set forth by the state's statues and
    implemented by the Nevada Gaming Commission," said Fitzpatrick.

    "Many of our companies are used to operating in the unregulated
    environment of the Internet. Those who want to become involved with gaming
    need to be aware of the rationale and processes of Nevada's stringent
    licensing system," Fitzpatrick said. "We also feel we can provide valuable
    technical assistance to the Legislature and the state's regulators as they
    grapple with the technological issues of high-tech gaming."

    Scott Frost, chair of the IBAN Board of Directors, said that "he sees
    tremendous potential for companies to locate in Nevada and offer interactive
    gaming solutions important to regulation such as player location and
    identification verification, player privacy, gaming fairness and proper
    on-line accounting."

    In addition, activities of IGI will include:

    -- IGI Advisory Board will be comprised of the leading experts in gaming
    regulation plus those who are in the forefront of creating the hardware
    and software technologies that can be used to implement interactive
    gaming. The Advisory Board will oversee the creation of quality
    assurance model regulations that establish rigorous competency, ethical
    and practice standards.

    -- IGI will hold a Forum & Exposition twice each year. The first
    conference will take place this summer in Las Vegas.

    -- Establishment of an informational clearinghouse that utilizes a web
    site and a monthly eNewsletter to provide up-to-the-minute reports on
    developments in technology and regulations applicable to interactive

    -- IGI Workshops & Education Seminars will be held to disseminate
    information on the availability and effectiveness of new interactive
    gaming technologies, appropriate quality assurance standards, and the
    steps necessary to meet Nevada's regulatory licensing requirements.
    The content will be made available worldwide via streaming video on the
    Internet and will be recorded and circulated on CD-ROMs.

    -- A consumer education campaign will be developed to create public
    recognition and understanding of the importance of only patronizing
    interactive gaming sites and companies that meet Nevada's standards and

    The Internet Business Alliance of Nevada (IBAN) is a non-profit,
    state-wide alliance of information technology, networking, communications and
    e-commerce businesses and their employees, suppliers and investors. IBAN
    provides services, support and a powerful public voice for Nevada's
    fast-growing Internet industry. For more information, visit IBAN's web site
    at You must register/login in order to see the link..

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