(EMAILWIRE.COM, August 20, 2013 ) San Francisco, CA -- Following the MGM Resorts International second-quarter earnings call the company's CEO, Jim Murren, said that Nevada and New Jersey officials were in discussions to create a joint online gaming market. "I think it's likely that in 2014 we'll see a compact between New Jersey and Nevada," Murren told Reuters in an interview.
Murren has long held the opinion that Nevada does not have a large enough population to support an online market. "We've really been focusing on Nevada's ability to compact with other states, create more liquidity," he said. Chairperson of the Nevada State Gaming Control Board, A.G. Burnett, shares Murren's opinion. "Nevada is striving to do what it can in regards to compacts. We do not jump into the fire without having done a lot of cautious research and study into the particulars of such agreements, and that phase is nearing completion," says Burnett.
Head of New Jerseys division of gaming enforcement, David Rebuck, is also optimistic that an agreement will be soon forthcoming. He said, "New Jersey is currently focused on working with its existing casinos to attain successful Internet gaming opportunities in this state. Rebuck foresees, "future opportunities for growth and development with other jurisdictions..."
Nevada and New Jersey both have MGM resorts and casinos so the company stands to benefit greatly from a joint policy. Murren said the company has dedicated a team to its online efforts. "We have a big team that is preparing us on a state-by-state basis and on the states that we believe will be the most productive for us. And we've been working with the state of Nevada on their efforts to compact with other states," said Murren. The company is also looking to future growth in most other states that have legal gambling legislation. He added, "I think at least 40 of the 50 states are in some stage of debating this (online gambling) internally. The ones most visible are New Jersey, New York State, Illinois and California.
About HRCasino.com
HR Casino (http://www.hrcasino.com/no-deposit-casinos/) offers a complete portfolio of online casino games. The company has one hundred different games for you to choose including from all the most popular games on the internet. Visit the website today and learn more about no deposit casino bonuses.
Customer Service
4156676565
news@postpressrelease.com
Source: EmailWire.Com![]()
Murren has long held the opinion that Nevada does not have a large enough population to support an online market. "We've really been focusing on Nevada's ability to compact with other states, create more liquidity," he said. Chairperson of the Nevada State Gaming Control Board, A.G. Burnett, shares Murren's opinion. "Nevada is striving to do what it can in regards to compacts. We do not jump into the fire without having done a lot of cautious research and study into the particulars of such agreements, and that phase is nearing completion," says Burnett.
Head of New Jerseys division of gaming enforcement, David Rebuck, is also optimistic that an agreement will be soon forthcoming. He said, "New Jersey is currently focused on working with its existing casinos to attain successful Internet gaming opportunities in this state. Rebuck foresees, "future opportunities for growth and development with other jurisdictions..."
Nevada and New Jersey both have MGM resorts and casinos so the company stands to benefit greatly from a joint policy. Murren said the company has dedicated a team to its online efforts. "We have a big team that is preparing us on a state-by-state basis and on the states that we believe will be the most productive for us. And we've been working with the state of Nevada on their efforts to compact with other states," said Murren. The company is also looking to future growth in most other states that have legal gambling legislation. He added, "I think at least 40 of the 50 states are in some stage of debating this (online gambling) internally. The ones most visible are New Jersey, New York State, Illinois and California.
About HRCasino.com
HR Casino (http://www.hrcasino.com/no-deposit-casinos/) offers a complete portfolio of online casino games. The company has one hundred different games for you to choose including from all the most popular games on the internet. Visit the website today and learn more about no deposit casino bonuses.
Customer Service
4156676565
news@postpressrelease.com
Source: EmailWire.Com