Regulation changes are coming to Nevada in the near future, but many won’t affect legal sports betting consumers.
The Nevada Gaming Commission approved Thursday to have 24 state regulations studied so they can be modified or eliminated. Most of the regulations concern casino operations, security, accounting, money transactions in card rooms, and parimutuel betting.
Eight of the regulations could be altered while 16 will be considered for elimination. The commission and the Nevada Gaming Control Board will discuss and determine what changes are to be made over the next few months.
Nevada hauled in $659.4 million in sports wagers from retail and mobile betting sites combined in February, which was a 29.6% month-over-month decline.
Change at the top
It was also announced during Thursday’s hearing by Commissioner Steve Cohen that he will not seek reappointment from Gov. Joe Lombardo.
Cohen’s four-year term ends at the end of April, so Thursday was his final meeting with the commission. Lombardo will appoint a new commissioner for the group that determines licensing for the state.
Familiar Nevada sports betting name licensed
The commission also unanimously approved a license for Joe Asher, the president of sports betting at IGT’s PlaySports. Asher had been licensed for Nevada sports betting previously when he worked for Brandywine Bookmaking, and later William Hill, where he served as CEO until the Caesars takeover in 2021.
IGT’s gaming technology powers FanDuel, SuperBook, Resorts World, Boyd Gaming, and tribal casinos.
