Michael Gaughan’s South Point Poker made history late last week as the first US casino licensed to operate an intrastate, real-money poker website. The five-member Nevada Gaming Commission unanimously approved the license which includes authorization for the casino as an interactive gaming manufacturer and as a service provider for online poker. The approval hearing lasted just 20 minutes which suggests South Point reps had their ducks in a row.
South Point Poker (SPP) must further submit a plan of operation to regulators prior to launching the website, which is tentatively scheduled for sometime in October 2012. The new venture is unique in that SPP is not relying on a third party company to run the poker website. Management at SPP developed its own online poker system.
The venture will regularly employ about 30 workers at South Point when fully operational. More than 30 other companies (including Caesars Entertainment and MGM Resorts International) have submitted applications for interactive gaming sites with the Nevada Gaming Control Board. Bally Technologies, IGT, and Shuffle Master companies were awarded interactive licenses earlier this year, but SPP is the first entity to actually obtain online license approval to this date.
Article info source = Casino City Times