The Nevada Gaming Control Board held a workshop meeting to discuss a proposal on progressive jackpots being offered across state lines by interested companies on Wednesday.
International Game Technology and Bally Technologies are Nevada's biggest slot machine manufacturers and they are asking the Nevada Gaming Commission to amend regulations that would allow multijurisdictional progressive prizes.
A.G. Burnett, Gaming Control Board Chairman, agrees — the development of online poker across state lines could get its start if amendments to the regulation are adopted. “You might say we’d be sticking our toe in the water,” Burnett said.
The purpose of Wednesday's session was information gathering and that in turn goes to the Gaming Commission where proposed regulations are reviewed and subject to public hearings.
"I can't enter into any compacts or agreements with other states until the Gaming Control Board and Gaming Commission adopt regulations to allow me to do so," Gov. Brian Sandoval said Tuesday. "We have had preliminary conversations with other states, but there is nothing I can do until the regulations are adopted, which I understand may happen next month.'
Sandoval said, "They're interested," when asked about conversations with other states that may have discussed a compact with Nevada.
Two state regulations would have to be amended to allow multijurisdictional jackpots and that's what Bally's and IGT are aiming for — building bigger jackpots faster — which would bring more to the table for players the same way the Powerball lottery grows when it becomes a joint state venture.
Next month is when hearings on the proposed regulatory amendments are expected to air, look for more news then.