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Casino News:

  Nevada Gaming Commission authorizes South Point Poker to operate real-money Poker site.

LAS VEGAS – A five-member Nevada Gaming Commission undisputedly authorized South Point Poker LLC of Michael Vaughan on Thursday to operate a real-money poker website within the state. Now it has become the foremost U.S. Casino that operates its poker website without any external assistance in the country. It developed its own online poker system and was permitted as a service provider as well as a producer of interactive gaming. Expressing his delight, the chief operating officer - Lawrence Vaughan stated that they will initiate the website in October after concluding assessment and authorization following presentation of their operational plans to the supervisory body. He added that they have developed everything on their own. South Point was granted license after a 20 minute brief investigation from the legal representatives of the company about personal prohibition records, confirmation of players’ age, problem tackling and customer & management contentment through speedy resolution of their queries.

Poker Point has taken all the protective measures to ascertain the correct identity as well as age of players to be 21, their citizenship of Nevada and their exclusion from any corrupt or money filtering case. Similarly, the website is also equipped with a method to prevent trouble-causing gamblers and allowing clients to leave betting from the site. The commissioner John Moran Jr. was informed by Vaughan about the records of prohibited people that the company will maintain and let it accessible by the supervisors and law implementation organizations. Keeping in view that this casino is first in U.S., Tony Alamo, the commissioner will keep an eye on all its operations and wish it to do well. All the measures have been taken to hold the huge invasion of the players on its initiation in the market as informed by Vaughan to commissioners. This website will act as a model for future openings, therefore Peter Bernhard; the Commission Chairman wants everything to be perfect.  

Another company to get an operator’s license the same day is Monarch interactive Inc. of Reno, the patrons of which administer the Atlantis casino-resort in Northern Nevada. Global Cash Access Inc. was the third one to get a license for provision of online payment services. It provides ATM and credit services in brick-and-mortar casinos and now will make available techniques for purchase and exchange of chips to the online players of South Poker Point. As informed to the commissioners by the company, it won’t interfere with the routine working of South Point Poker and will just lend a hand in payment procedures.

A contract was signed between online wallet company Live Gamer and Global Cash Access to assist a firm located in Las Vegas in online transactions. Around 30 people will be appointed by South Point Poker. Earlier, the company has been providing free games for months and will employ different software for real-money poker. South Point and Monarch Interactive have become the fourth and fifth companies respectively to obtain some sort of interactive license in Nevada. At the same time, they have become the first casinos to get an online license. Other companies in the list that were granted interactive licenses during start of the year are IGT, Bally Technologies and Shuffle Master. Nevada Gaming Control Board has received more than 30 applications from different companies incorporating MGM Resorts International and Caesars Interactive Entertainment for grant of licenses.


   2012-08-31






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