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    Nevada Online Poker: Extension of Credit to Players?

    22.05.12

    Allowing wealthy gamblers to play on casino credit is a common business practice among some of Nevada’s Strip casinos. For some high rollers, signing a marker — or casino I.O.U. — is much easier than carrying around enormous sums of cash.

    According to an article by Dr. David Schwartz , Director of the Center for Gaming Research at the University of Nevada Las Vegas, it was once estimated that as much as 15 percent of all money wagered in Nevada is on credit. This means, millions in gaming revenue are generated from the practice.

    With Nevada now on the verge of entering into the online gaming arena, regulators have been in charge of deciding whether or not extending credit should be permissible in cyberspace.

    For now, the answer is no.

    Nevada online poker regulations currently forbid the extension of credit to players, but that could change as the industry takes shape, according to Gaming Control Board member A.G. Burnett.


    Source: CardPlayer.com