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Despite the significant regulatory progress made at this week’s PGCB meeting, board members have yet to give any indication of when online poker will actually be up and running. It’s also unclear exactly how many of the 10 applicants will actually run a poker site. Some may only want to use the license to offer slots and table games. However, it’s a case of use it or lose it, according to PGCB regulations: “All interactive gaming certificate holders and interactive gaming operator licensees shall commence operations on the date established by the Board.” Failure to actually use the license may result in it being revoked. Considering each license costs $10 million, that’s not something casinos are likely to do.
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