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Nevada going into online gambling
August 24, 2009, 9:12 am (2 years ago)The esteemed Las Vegas Review-Journal offered cheering weekend reading in an editorial by Howard Stutz which inspected how ready the gambling state of Nevada might be should Barney Frank’s effort to decriminalize online gambling in the United States show triumphant. Stutz sees that Nevada could take advantage financially of such an action, turning out to be the leading American jurisdiction for managing Internet casinos.
Interviewed by Stutz, gaming supervisory body stated the online businesses would need to disburse upfront fees, and online casinos would be taxed at the same rate as Strip casinos, now 6.75 % on gaming incomes. But the pressure of other work might slow the advancement of Frank’s bill via Congress. “Debate on the bill most likely won’t happen this year,” previous Senator Richard Bryan, an attorney with Lionel Sawyer & Collins, who spent 12 years representing Nevada in the U.S. Senate as a Democrat, told the LVRJ.
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