Bally Technologies became the first company in U.S. history to receive an online poker license Thursday as the Nevada Gaming Commission approved its application following a recommendation by the Gaming Control Board last week.
“We are grateful to the State of Nevada for this opportunity,” said Bally Technologies’ Chief Executive Officer Richard Haddrill. “We look forward to Bally expanding its leadership role in this exciting new arena of online gaming.”
Less than 60 minutes following Bally’s approval, the commission also granted an online poker license to International Game Technology. Both companies manufacture and operate gaming technology and were first in line in submitting license applications in October. Nevada has received over 30 applications all told.
Both companies will now be subjected to lengthy systems testing in order to safeguard against problem gambling, collusion and money laundering. Also, proper software must be in place to verify the age and location of players. Following the testing phase, Nevada gaming officials have targeted late 2012 or early 2013 as the launching date of the nation’s first online poker sites.