Wednesday, 23 August, 2017

Nevada Legalizes Esports Gambling

Nevada Republicans split on handling of massive budget hole Nevada Legislature sends budget bills to Sandoval
Rickey Rodriguez | 04 June, 2017, 06:14

"Wagering on events other than sports and races continues to gain global popularity, but Nevada statutes regarding the types of events allowed under the pari-mutuel system wagering are unclear", said Boyd law student Nelson Lambert, testifying before the Senate Committee on Judiciary in March.

Nevada's broad school choice program is on thin ice-a potential casualty of a battle over funding priorities between the state's Republicans, including the governor, and Democrats who control the state legislature. The new legislation specifically allows the wagering. The bill is set to come into effect on July 1st, 2017.

The law allows the Nevada Gaming Commission (NGC) to issue licenses and also adopt or modify regulations related to eSports betting, with only licensed operators allowed to provide eSports in Nevada.

According to a signing announcement from Sandoval's office, the electric vehicle infrastructure push "falls in line with the Governor's goal to have all of Nevada's highways, no matter how remote, accessible to all EV drivers and ensure completion of the first complete EV highway system in the nation".

The NGC could also introduce fingerprinting of a licensee and request more in-depth personal information. The SB 240 uses the phrase "other events" in order to complement the now existing list of pari-mutuel betting activities, sports events, dog and horse races. The Downtown Grand esports lounge offered wagering on esports events for the first time in the U.S. in 2016, with support from the Gaming Control Board. Place your bets here, because gambling on esports is now legal.

The Las Vegas Sun is reporting that "State Sen".

The eSports industry is gaining tracton around the world. The 300,000-square-foot space that formerly housed the LAX nightclub will be transformed into a multi-level arena with top quality production studios and an LED wall behind the stage. The MOU will put eSports in the same category as cricket, football and traditional sports.

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