Home / Poker News July 2012 / The Poker Grapevine – First Licensed Real Money US Poker Site to be Launched
The Poker Grapevine – First Licensed Real Money US Poker Site to be Launched
Posted by: James Carter. - Sun, 2012-07-22 08:33
However unlikely, it looks like legal, real money
online poker in the US may be much closer than one would think: the South Point Casino appears to be the entity to first push its online poker system through the legal filter and the various testing phases required for it to be allowed to go online. The casino was one of the brick and mortar operators which set up a play money operation online as soon as it became obvious that the state of Nevada was indeed moving towards legalization. That operation could now be converted into a real money one as soon as the operator gets the go-ahead from Gaming Control Board and the Nevada Gaming Commission. According to Michael Gaughan, owner and CEO of South Point Casino, his company will discuss the recommendation for an online license in Nevada, with the Gaming Control Board next month.
If the GCB does indeed recommend the operation for a license, the next stop for South Point is to actually seek a final license approval from Nevada Gaming Commission. Once that’s done, the site is basically ready to go online, since it has already been tested and approved by an independent auditor, so it may in fact go online as early as September.
According to Gaughan, his online poker operation may not be the biggest or the best out there, but launching it as early as September may earn it a substantial edge in the competitive world of online poker.
In other news: PokerStars’ MicroMillions II has attracted more than 875k players thus far, through its small buy-ins big prizes pitch. 72 events are already in the books and there’s one player who has played in each as every single one of them:
PokerStars pro Andre Coimbra. Coimbra has thus far cashed in 16 events, amassing $318 in MicroMillions tournament profits. The last 7 events have yielded two winners who took home more than $11k apiece.
