The Nevada Gaming Policy Committee is currently considering to allow regulated online casino games in addition to online poker.
US.- There was an audience on Friday where members of the Nevada Gaming Policy Committee invited some of the industry’s experts to discuss the possibility of allowing regulated online casino games in the state.
During the audience, Michael Cohen, senior vice president, corporate development, general counsel and corporate secretary of Caesars Acquisition Company told the committee that his company had already seen the benefits of having both an online and a bricks and mortar presence in regulated markets.
As Cohen explained, the online business in New Jersey is generating trade for the bricks and mortar business. Out of 250,000 new customers at the live casino in New Jersey, 78 percent had no previous experience with Caesars’ Total Rewards loyalty program.
Furthermore, according to Cohen, Caesars is seeing the additional effect of online games alerting younger players to the existence of the live casino experience. He told the committee that 39 percent of WSOP’s online players were under 30, compared with only 9 percent of its live customers. The Nevada Gaming Control Board (NGCB) is well aware of the problem casinos are having to attract millennials to this form of entertainment.
Nevada Governor Brian Sandoval, who chaired the meeting, was concerned about any problems linked to geo-location and age verification. However, Sandoval appeared to be reassured by Cohen’s testimony and other witnesses remarks that the technology had improved substantially in the four years it had been deployed, and that there have been no difficulties with either juvenile gambling or players from outside the state gaining access to online gambling.