The Nevada Gaming Control Board (NGCB) recently issued a warning to all casinos based in Las Vegas to not lauch online casinos until the activity is legalized under state or federal law.
The state’s gambling authority’s concern came after there were a lot of rumors circulating that the major casino industry leaders in Las Vegas were settling agreements to launch their online versions.
It has been confirmed that one of the biggest casino companies, Harrah’s Entertainment are already talking to online giant 888.com to provide software for its online casino. Harrah’s already has an online casino brand, Caesars Palace online and they strive ferociously for the legalization and regulation of online gambling as they currently do not allow US citizens to play at their casino.
This month the state of Nevada reported that casino revenue tax collection have dropped by 23.4% in May 2010, compared to May 2009. The NGCB has strongly encouraged land based casinos to not take action until legislation comes into place.