If approved by the Nevada Gaming Commission when it meets Jan. 26, the new regulation will enable wagering on the growing number of esports competitions.
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A special committee has recommended a regulatory amendment for sportsbooks to take bets on esports, but it could take time before many people bet on competitions.
The Esports Technical Advisory Committee unanimously approved an amendment to a sports-betting regulation that would enable people to bet on video game competitions.
The esports spectator economy has long been considered one of the fastest growing industries, attracting fans and corporate sponsors.
The Nevada Gaming Control Board’s Esports Technical Advisory Committee took another step Monday toward establishing regulations for wagering on esports events.
The new Esports Technical Advisory Committee is charged with establishing policies about how to protect participants from potential match-fixing and other cheating.
Experts say there are many hurdles to clear to improve the integrity of esports against match-fixers, cheaters and doping before betting on games should expand.
Amendments on wagering accounts and esports moved to Nevada Gaming Commission for final approval in unanimous Control Board votes.
Allied Esports Entertainment is looking at options for the company’s future, including possibly exiting the business and selling its HyperX Esports Arena on the Las Vegas Strip.
Entain PLC, a British sports wagering and gaming company, is acquiring esports betting and technology company Unikrn in a deal slated to close this year, Entain executives announced Thursday .