Beneficial Holdings prepares Nevada application
Sportsbook.cr operator looking for JV partner in Silver State.
Beneficial Holdings, a company with online and land-based gambling operations in Central America, is set to apply for a Nevada intrastate gaming licence.
The company operates the Costa Rica-facing site, sportsbook.cr, as well as a number of land-based venues in Nicaragua.
However rather than launching its own operations in the Silver State, Beneficial intends to secure a joint venture partner, likely a land-based casino operator, before going live in the jurisdiction.
Some 21 companies have already applied for online gambling licences in Nevada, including bwin.party and Lottomatica.
At least three more, Probability, Playtech and Paddy Power, are understood to be preparing applications of their own ahead of the market opening for real-money egaming.
Citing December’s DoJ opinion on the Wire Act, the company has said in a statement that it: “Believes that opportunities will be available for it on an intrastate level, state by state, as regulations are issued”.
It will only offer poker to begin with, utilising a proprietary system which is currently yet to be established. It also hopes to bring in live dealer games further along the line.