After receiving an online poker license in Nevada in 2013, the Reno-based Monarch Casino and Resort has opted not to use it based on the premise that it could lead to full-on online gambling according to a company executive.
The head of subsidiary Atlantis Casino, John Farahi, spoke to the Reno Gazette-Journal saying:
"Just because you can do something doesn't mean you do it. We used to be for it, but we found out poker is being used as a tool to jar the door open to wide-open online Internet gaming."
He is not interested in offering online gaming at this point saying, "The numbers are not that big a deal. No one's making a killing yet.”
"We did begin to talk [with interactive software providers]. But when we saw this turning into not just a skills game, which poker is, but open gaming, we said this is not right."
Reno gaming analyst Ken Adams believes that online gambling is a good option for large companies, saying, "Caesars has 40 million people in its database. Who's going to compete against that? Who can compete with that in terms of bonus points and the like? So what I see is, lots of small casinos will oppose online gaming. It doesn't make any real financial sense for them. But every dollar spent online is a dollar not spent in a casino."
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