Beneficial applies for Nevada gaming license - Las Vegas Review - Journal

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Beneficial applies for Nevada gaming license - Las Vegas Review - Journal Mar 21st 2012, 09:08 Posted: Mar. 21, 2012 | 2:02 a.m. Beneficial Holdings Inc. is the latest company to apply for a gaming license from the Nevada Gaming Control Board that will allow them to offer online gambling in the Silver State, the hotel-casino operator said Tuesday. Beneficial, which is based in Managua, Nicaragua, and has an office in Las Vegas, already operates the Bet.cr and Sportsbook.cr online casino and sports-book websites and wants to move its operations into the U.S. market. Beneficial declared that a Nevada online gaming license would let the company offer "certain online games to residents of Nevada in partnership with an approved land-based casino operator." In a statement, Beneficial said it's negotiating with several consultants who work with Nevada licensed casinos to finalize a joint venture agreement. "In the interim," Beneficial said, "the company is establishing a system that will begin with poker and, as regulations allow the expansion into other areas of play, offer live dealer games." Beneficial is the 26th company to apply for a Nevada online gaming license. Other companies that have applied include Fertitta Interactive, Caesars Entertainment Corp., MGM Resorts International, Bally Technologies and Aristocrat Technologies. Contact reporter Chris Sieroty at csieroty@reviewjournal.com or 702-477-3893. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.

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