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Nevada Will Decide First Two Online Gaming Licenses Next Week

Traditional gaming giants International Game Technology and Bally Technologies will become the first two companies to be considered for an online gaming license by the Nevada Gaming Control Board.

The two companies are heading down uncharted waters, with nobody quite sure what will happen if and when the two companies are approved for a gaming license. Some industry observers claim that the state of Nevada's online gaming law is contingent on the federal government passing online gambling legislation, while others point out the the US Department of Justice admitted last year that online gambling in of itself is not a violation of federal law under the Wire Act.

Nevada Gaming Control Board Chairman Mark Lipparelli has stated that he believes that online poker within Nevada could be operational in the next 7-10 months.

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