Beneficial applies for Nevada gaming license
March 21, 2012 - 1:02 am
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.