Nevada Online Gambling Bill on Fast Track - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Nevada Online Gambling Bill on Fast Track

Posted: Updated:

Nevada is on a fast track to be the first state in the nation to approve interstate online gambling.

Senate and Assembly judiciary committees unanimously approved AB114 on Thursday before quickly sending it to the Assembly where it passed unanimously.

The Senate was called back from recess at midday to vote on the bill and send it to Gov. Brian Sandoval.

In testimony before the committee, Sandoval said a similar internet gambling bill is pending in New Jersey. He stressed the importance of passing legislation in Nevada first to retain its status of respresenting the gold standard of gambling regulation.

He resolved a disagreement with the bill's sponsor over the licensing fee the state will charge, settling at $500,000. Assembly Majority Leader William Horne had wanted to charge $1 million.  (AP)

Nevada Assembly Majority Leader William Horne released the following statement after passage of AB 114.

"Today our legislature made clear that Nevada is the gold standard when it comes to gaming. This bill takes the steps necessary to ensure that online gaming companies can securely operate in our state with the peace of mind of an established gaming regulatory system. This bill will lead to expanded business, more jobs, and additional revenue to grow our economy."

House Speaker Marilyn Kirkpatrick released this statement:

"I want to thank Majority Leader Horne and Governor Sandoval for pushing this critical legislation. By passing this bill in an expedited manner, we continue to send a signal to the nation and the world that Nevada is the capital of gaming.  This legislation will combine our stellar regulatory infrastructure with larger markets that are seeking to legally participate in online gaming" said Speaker Kirkpatrick.

  • Today's Top StoriesMore>>

  • Dons Score Late to Down Wolf Pack

    Dons Score Late to Down Wolf Pack

    Wednesday, April 23 2014 2:57 AM EDT2014-04-23 06:57:16 GMT
    The University of San Francisco (19-20) scored three runs in the top of the ninth to defeat the University of Nevada (21-17) baseball team 4-1 in a nonconference matchup at Peccole Park on Tuesday night.More >>
    The University of San Francisco (19-20) scored three runs in the top of the ninth to defeat the University of Nevada (21-17) baseball team 4-1 in a nonconference matchup at Peccole Park on Tuesday night.More >>
  • Aces Win, Take Series in Fresno

    Aces Win, Take Series in Fresno

    Wednesday, April 23 2014 2:45 AM EDT2014-04-23 06:45:22 GMT
    The Reno Aces wrapped up their first series win of the season Tuesday with a 4-3 road victory.More >>
    The Reno Aces wrapped up their first series win of the season Tuesday with a 4-3 road victory.More >>
  • License Plate Sales Fund Tahoe Preservation Projects

    License Plate Sales Fund Tahoe Preservation Projects

    Tuesday, April 22 2014 10:23 PM EDT2014-04-23 02:23:59 GMT
    The Division of State Lands has announced the 2014 Lake Tahoe License Plate grant recipients. Grant funds are made available annually for projects that preserve and restore the natural environment of the Lake Tahoe Basin. Approximately $350,000 was generated last year from the purchase of Nevada Lake Tahoe license plates.More >>
    The Division of State Lands has announced the 2014 Lake Tahoe License Plate grant recipients. Grant funds are made available annually for projects that preserve and restore the natural environment of the Lake Tahoe Basin. Approximately $350,000 was generated last year from the purchase of Nevada Lake Tahoe license plates.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and Sarkes Tarzian, Inc. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.