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Wednesday, August 25, 2010

Cashless Slots?

The Nevada Gaming Board recently approved a field trial of technology that allows casino patrons to receive a TITO (ticket-in/ticket out) voucher instead of cash when making an ATM withdrawal. If the player takes this option, the ticket is printed with the entire amount of the withdrawal and it can be used in any of the property’s slot machines.

Monday, August 16, 2010

Here we go again?

Summer is typically a tranquil time along the Potomac, especially in an election year when many congressmen and senators are tending to their districts. The July 29th hearing before the Senate Committee on Indian Affairs, however, was anything but dull.

Monday, August 9, 2010

I-Gaming: Part II (Licensing)

The licensing provisions and suitability standards contained in the Frank bill are relatively straightforward and will not shock anyone who has applied for a gaming license in most jurisdictions. The only significant wrinkle in the plain-vanilla flavor of the requirements can be found in an amendment offered by Representative Sherman of California. The so-called “bad actors” amendment requires applicants to certify, under penalty of perjury, that the applicant and all affiliated business entities have not committed an intentional felony violation of Federal or State gambling laws and have used “due diligence” to prevent any U.S. person from placing a bet on an internet site in violation of Federal or State gambling laws.

Friday, August 6, 2010

Internet Gaming - Here at Last?

With House Committee approval of the so-called "(Barney) Frank" bill (HR 2267) last Wednesday, legalized internet gaming took a significant step closer to reality. The consensus among pundits is that enactment into law is unlikely in this session of Congress, but that the odds in favor of some form of legalized and regulated internet gaming in the United States have definitely shifted to the plus side.

Friday, July 30, 2010

GRC Blog Launch

After years of writing monthly articles for major gaming industry publications, Gaming Regulatory Consultants will start a blog focused on regulatory news and issues related to casino gaming. We anticipate launching this effort on Tuesday, August 3, 2010.
So why now - and why a blog? For some time we've realized that monthly articles have limits in our fast-paced society. Though an article can treat a topic in depth, there is roughly a six week time gap between developing an idea for an article and its actual publication. As we all know, a lot can happen in six weeks - especially in the gaming industry. This gap more or less precludes topical commentary unless the matter is of such broad significance that it is likely to have a long shelf life.
We know that there are any number of casino gaming blogs. But we feel that our background and experience as former regulators who have established successful programs in both the tribal and non-tribal environment can offer a unique and valuable perspective on the many issues and challenges facing the gaming industry today. As the readers of our articles already know, we don't pull punches and will always strive to "tell it like it is."
So we invite you to visit often and feel free to provide feedback as we embark on this new endeavor.
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