If a federal ban on sports betting is lifted in the coming months, the NBA wants sports books to pay the league 1 percent of the money wagered on its games as an “integrity fee.” An NBA official, assistant general counsel Dan Spillane, made the request in written testimony submitted Wednesday in support of the passage of a sports betting bill at New York’s Senate Racing, Gaming and Wagering Committee hearing. For sports books, the “integrity fee” could be costly. The 1 percent fee amounts to more than 20 percent of sports book revenues, William Hill sports book CEO Joe Asher told the committee. “It’s a red herring when you call it an integrity fee. They want to be partners but they don’t want to appear to be partners. They’re saying they want to protect the integrity of the game by not having bookmaking. Now they want to be part of it. It doesn’t work both ways.” – Vic Salerno, a Las Vegas sports betting pioneer. Prices of straight bets could also be increased in order for sports books to turn a profit. The price on straight bets from the traditional $11 to make $10 could jump to $12 or $13 to make $10. “It has to go up or they can’t make money. I don’t know if they’ll be successful,” he said. “If the tax rate is on the handle, forget it. Kentucky wants 20 percent of the handle. We don’t hold 20 percent. It’s a very thin margin.” – Vic Salerno, a Las Vegas sports betting pioneer.
The Raiders have signed wide receiver Brenden Rice to their practice squad.
Raiders coach Pete Carroll is scheduled to speak to the media Wednesday before the team’s early afternoon practice. The Raiders will host the Denver Broncos on Sunday.
He was awarded the Silver Star for repeatedly plunging into the sea and carrying critically wounded soldiers to relative safety, saving them from drowning.
Teravalis is planned for a total of 100,000 homes, 300,000 residents and 55 million square feet of commercial space.
South Point hotel-casino, which turns 20 years old this month, stands out in Las Vegas by resisting the industry’s post-COVID march toward higher prices and fewer player-friendly perks.
The large Henderson home took over a year to design and almost three years to build, said the developer.
Check out the scores and top performances from Tuesday’s high school basketball and flag football action.
Here’s today’s local and national sports schedule, including television and radio listings.
Desert Pines’ boys basketball team claimed a home victory against Clark. Here are photos from the game.
Take a look at some editorial cartoons from across the U.S. and world.
Battery energy storage system plan poses a threat to northwest Las Vegas.
Gov. Joe Lombardo doesn’t want the federal government to label Nevada a sanctuary state but apparently not enough to veto a sanctuary-schools bill.
Democrats see an opening on “affordability.”
Things Americans desperately need are stuck in the regulatory mud.
Warming is a real problem, but it is not the end of the world.
The Henderson Police Department says it “is on the scene of a homicide investigation” on Tuesday night.
All hotels along the South Rim inside Grand Canyon National Park in Arizona are closing due to severe water restrictions.
The Minnesota Somali community is accused of stealing more than $1 billion through bogus nonprofits. They’ve made themselves easy targets for Trump.