The US State of Nevada, home to the gambling mecca of Las Vegas, took another step this week to become the player holding the best hand in the growing international Internet gambling market. The move also has anti-gambling activists concerned about the easy availability of wagering online. Lawmakers from Nevada, the only US state that has legalized widespread casino gambling, approved the measure during this session because the state's legislators only meet once every two years. As you know, once something takes hold on the Internet, it moves along very, very fast.
People know who they're dealing with, they know they'll get their winnings.
It will all have the Nevada seal of approval. That's a very valuable franchise. The entry of Nevada into the online worldwide gaming world has the potential of overturning the dominance of the 1,400 to 1,800 offshore gambling sites. Las Vegas has the reputation of being legitimate, of paying off winners and being entities that exist somewhere besides the Internet. That's a very potent combination.