PokerStars Prepares For Nevada Online Gambling EntryMarch 25, 2011 7:32 am
One week after Nevada signalled they may be on the brink of introducing a bill to regulate online poker within the state, PokerStars has been taking all possible measures to ensure they are well placed to take advantage of any such changes in the law.
One such measure taken by the world’s biggest poker room was to hire Nevada gaming executives Randall Sayre and Richard Perkins as consultants to help further PokerStars’ sphere of influence in any future US online poker market.
Former Nevada Gaming Control Board member Randall Sayre and former Nevada assembly Speaker Richard Perkins had already earned reputations for being on the side of a regulated Nevada online poker industry. Therefore, their move could also be seen as a way for the high powered executives to push their own agenda to help stimulate the ailing Nevada gambling industry.
As Perkins explains: “I see internet gaming as the next extension of how Nevada reinvents itself. This is the growth vehicle for the gaming industry worldwide.”
Randall Sayre then reiterated his colleague’s view, while warning against the dangers of procrastination, and commented:
“We can stand on the beach and let it wash over us, or we can recognize the potential economic opportunity for the state.” Sayre also added, “PokerStars is a significant company that is looking to advance its agenda.”
Another measure PokerStars has taken to gain a foothold in a future regulated online gambling market, was to announce a “strategic relationship” with Wynn Resorts.
“We are excited about the opportunities that partnering with Wynn, a pioneering leader and innovator in gaming, will present for PokerStars in the United States,” commented PokerStars Chairman Amd Mark Scheinberg.
In the event of legislation passing, the companies said they would then operate an online poker site named PokerStarsWynn.com, the aim of which was to provide safe gambling, as well as providing lucrative tax revenues and jobs.
The companies will now be hoping bill ‘AB 258’ receives a favourable reception at the upcoming Assembly Judiciary Committee, although at present many analysts aren’t giving it a great chance of passing.