Published
Land-BasedLegal & RegulatoryeSports

Nevada legalises eSports betting

The

nevada2
Governor of Nevada has today signed into law a bill which legalises off-track pari-mutuel sports betting in the state.

Senate Bill 240, which was passed in both houses earlier this month, extends current pari-mutuel gaming legislation to include eSports betting under the definition of “other events”, also allowing betting on events not currently covered such as winners at the Oscars, but still prohibiting betting on politics.

Existing gaming legislation had previously only allowed betting at state horse and greyhound racing tracks, and athletic sporting events.

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. ESports operators who are licensed are then taxed at 3% of the total amount wagered on the respective event.

It gives the NGC greater investigatory powers, adding the requirement to obtain fingerprints and background information from any licensee as part of the application process.

Under the legislation the Nevada Gaming Commission also has powers to appoint an 11 person off-track pari-mutuel betting committee with full oversight over any eSports betting taking place.

The bill will take effect from 1 July.
Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Chicken Ranch Casino
The Responsible Gambling Affiliate Association (RGAA)
Catena Media
Gambling Commission
Follow Us
The most prestigious Awards in the industry are heading to the Philippines! The Global Gaming Awards Asia-Pacific will recognise and reward (as the name suggests) the strongest performers from the Asia-Pacific gaming industry across the previous 12 months.
This year's winners will be announced at a luncheon ceremony on Day 2 of SiGMA Asia, 4th June, in Manila.
The eleventh annual Global Gaming Awards Americas will recognize and reward the gaming industry's strongest performers across the previous 12 months. These are the most prestigious and trusted Awards in the industry and have gained respect amongst industry heavyweights, due to the strict rules and procedures put in place.

Facing Facts: Operator Q3s from across the globe

Gambling Insider compares Q3 2023 results from major gamblin...

Taking Stock: Operators and suppliers across the world

Sticking with our theme of gambling across the globe, Gambli...

CEO Special: Jade Entertainment and Gaming CEO Joe Pisano - down to earth

Jade Entertainment and Gaming CEO Joe Pisano speaks to Gambl...

CEO Special: Betfred CEO Joanne Whittaker - saying it as it is

Betfred CEO Joanne Whittaker joins Gambling Insider Editor T...