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Leroy’s fined for unauthorized Kentucky Derby wagering

The Nevada Gaming Commission on Thursday unanimously approved a $25,825 fine against the former Leroy’s Race and Sports Place for accepting unauthorized bet on the 2012 Kentucky Derby at four locations statewide.

Sports-wagering execs watching outcome of N.J. legal battle

Sports betting may not be regulated federally soon. But gaming industry executives believe a positive outcome of New Jersey’s court battle to legalize wagering on sports ould set the stage for other states to legalize the industry. Only four states allow sports betting, and Nevada is the only state where bettors can wager on individual sporting events, from soccer to basketball and football.

One more bad beat story for sports bettors: meager comps

Sports bettors can be a very demanding group. Spend any time with them, and between telling stories of hitting a $10,000 exacta or winning a Super Bowl bet, you’ll get an earful of what’s wrong with any race and sports book in Las Vegas.

Salerno helped build Leroy’s into a powerhouse

Leroy’s Race and Sports Book spent 34 years evolving into one of the truly innovative local gaming companies. The bookmaker behind the company is Vic J. Salerno, who never regretted giving up his dental practice and a view of the harbor in Marina del Ray, Calif., to move to Las Vegas, and marry Leroy Merillat’s daughter, Judy.