CARSON CITY — Private investment groups could place sports wagers on behalf of investors under a proposed law in Nevada that would allow the state to reap millions in untapped revenue.
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CARSON CITY — The powerful Nevada Resort Association urged state lawmakers Wednesday to approve a bill banning small establishments with restricted gambling licenses from having sports betting kiosks.
In Europe, it’s known as novelty betting. Bookmakers from Paddy Power to William Hill post odds and take bets on a variety of activities, from who looks good to win the Nobel Prizes this year to whether Prince Harry’s next girlfriend will be a blonde or a brunette and who might host the Oscars in 2014.
The death of Los Angeles Lakers owner Jerry Buss was felt not only in the sports world, but within the poker community.
It was Friday morning, and Michael Ciasco, who has bet on horse racing almost every day since he arrived in Las Vegas 36 years ago, took his seat at William Hill’s sports book at Terrible’s.
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 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.
