Probability has Little Chance of Getting Nevada Online Poker License

February 20, 2012 - by mosesbet · Filed Under iphone betting news Leave a Comment 

A UK based mobile gambling firm, Probability plc, recently applied for an online poker license in Nevada. Although, the firm has about 5 years of experience in the mobile betting industry, Probability’s chief officials believe that it will be difficult to obtain a Nevada online poker license.

Smaller Firms Face Difficulty in Entering the US Market

After submitting the licensing application, Charles Cohen, the CEO of the mobile gambling firm stated that it is not easy for small firms like Probability to get a license in US states. It will be difficult for firms like Probability to enter the US market once online gambling is legalized in the country.

Gaming authorities in Nevada have restricted online poker licenses to land-based casinos. Companies specializing in gambling technology are allowed to team up with a casino. Reports suggest that Probability has already initiated partnership negotiations with a few American companies.

Probability has More than a Million Customers in UK

Probability has a strong customer base of more than a million in the UK. The game selection of Probability is extensive. A wide range of slots and bingo games are offered by the firm. These can be accessed through about 8,000 varieties of phones ranging from the older Nokia models to the latest Android phones.

Probability’s experience and knowledge in the field of mobile gambling will be beneficial for the Nevada market, if the licensing application is approved. The popularity of mobile gambling is rising quite fast. This form of gambling has been around for a while. However, the technology is still in its infant stage. According to market watchers, betting through mobile phones will be the most popular form of gambling in future.

Applying for the license was a long procedure for Probability. It had to fill out the Nevada poker licensing application form which is quite voluminous. All board members of Probability had to provide their finger prints in the form. In addition, they also had to provide financial details of the company for the past 10 years.

 

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