Legislation

6,75% Tax for online poker operators in Nevada

27 July 2012

The Gaming Policy Committee of Nevada gathered last Wednesday to discuss the final adjustments to be made before the first online poker rooms are launched. For now, they focus on the numbers: the poker rooms will pay a 6,75% tax on cash games and some tournaments will actualy be free of taxes.

This was the final scheduled meeting of this committee until the end of 2012 and besides the taxes to apply to the poker rooms they spoken about proper licensing and liquidity.

Knowing who should receive a gaming licence in Nevada has been one of the most complex issues. Mark Lipparelli, president of the Nevada Gaming Control Board was very clear on that. However, Nevada regulators were very criticized for awarding a licence to IGT since they granted a licence and they were actualy facing the problem of having a poker room on their network being shut down and the chances to reimburse players were very slim. Lipparelli chose to enhance the efforts of IGT to be in compliance regarding the request of a gaming license in Nevada "Management will look favourably to everyone that follows the IGT example."

Lipparelli spoke about the taxes to apply to the rooms, remembering that 6,75% in cash games is much lower than the values applied in regulated European countries, these normally charge between 10% to 20%, on net revenue.

In the end the liquidity theme, where changes to the legislation were proposed in order to allow Nevada to share player pools with other regulated states and even with other countries in the near future as long as they don’t violate federal law.

With this directives and the confirmation from Mark Liparelli that the first operator licenses will be issued withint 2 to 3 months we can expect to play again online poker in Nevada before 2013.

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