Nevada Senate Judiciary Committee Approved Internet Poker Bill
On Tuesday, the Nevada Senate Judiciary Committee have approved Internet poker bill AB258, and send it to a floor vote.
Since the U.S. Justice Department indicted executives of three top online poker sites April 15, charging them with violating federal law, online gambling has been mired in controversy. AB258 would have prohibited state regulators from denying a license to existing online poker sites in its original form and that provision was deleted.
If Congress passes an Internet gambling bill or if the U.S. Department of Justice says online gaming is allowed under federal law, the bill authorizes the Nevada Gaming Commission to adopt regulations and to grant licenses to casinos to be ready to offer online poker.
A federal law prohibited banks and other financial companies from processing gambling transactions across state lines in 2006. By declaring that online intrastate wagering does not constitute “unlawful Internet gambling” if expressly permitted by state law, the Unlawful Internet Gambling Enforcement Act also established the framework for legalizing intrastate gambling.
To prevent both the state and federal government from taxing the industry the committee accepted an amendment proposed by Peter Ernaut of the Nevada Resort Association. The amendment means that if the federal government levies a tax, the state would be prohibited from imposing its 6.75 percent gross gaming tax, Ernaut said.
Later this week, Nevada’s online gaming bill goes to the full Senate for a vote and if successful will return to the Assembly for a ruling on the most recent amendment.

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