Isn't the online Nevada gambling going to be limited to Nevada residents? If so, it will have virtually nil direct impact on Web gambling as a whole. If, however, Internet gambling is legalized in the USA, then kiss the mom and pop ofshore casinos good-bye.

Regarding sportsbetting, unless online sportsbetting is nationally legalized--which is less likely to happen than Mark Del and the Philosopher becoming good buddies--low-limit Nevada-only wagering will not affect the offshore books in the least.