Tag Archives: Nevada Gaming Board

Winning Post – PASPA… One year on

A year following PASPA’s downfall, Industry strategic consultancy Regulus Partners details why the US market has delivered in value and expectations for all betting incumbents… ________________ A year on from the Supreme Court’s historic overturning of PASPA and there are no suggestions so far that expectations will be disappointed. On a run rate basis, the US sports betting market has …

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CG Technology facing $1.5m fine and removal of CEO

CG Technology has agreed to pay a $1.5 million fine in relation to charges of underpaying and overpaying certain bettors on the sportsbook. This comes just two months after the Nevada Gaming Control Board alleged that CG Technology had underpaid winning parlays by about $700,000 on more than 20,000 occasions from August 2011 to March 2015. The complaint also accused the …

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William Hill opens wagering on Virtual Racing in Nevada

William Hill has opened wagering on Virtual Racing at two of its Nevada Race and Sports Books. After receiving approval for a field trial from the Nevada Gaming Control Board, the company will offer Virtual Racing inside the Plaza Casino and Silver Sevens Casino, both in Las Vegas. Featuring the voice of legendary race caller Tom Durkin, William Hill Virtual …

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Super Bowl 50 triggers record betting figures

The Nevada Gaming Control Board have announced that bettors wagered $132.5 million on the Denver Broncos’ 24-10 victory over the Carolina Panthers. That figure topped the previous record of $119.4 million from two seasons ago, when the Seattle Seahawks beat the Broncos. The house won $13.31 million, making a profit for the 25th time in the past 27 years. It was …

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Nevada Gaming Board tells DFS operators to apply for licensing

Nevada lawmakers ruled on Thursday that daily fantasy sports (DFS) operators would require a gaming license to operate their services in accordance with state regulations. The decision was approved by AG Burnett Chairman of the Nevada Gaming Control Board, who ordered all DFS operators to stop activity within the states borders and begin to apply for gaming licenses. Detailing the …

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IGT shareholders to vote on GTECH merger

International Game Technology (IGT) shareholders will vote on 10 February to pass the planned $.6.4 billion merger agreement with GTECH SpA. The shareholder vote will be held at MGM Grand Lad Vegas, and will require the approval of Nevada Gaming Board. If approved the merger will see GTECH and IGT form a new company head-quartered in the UK. IGT agreed last …

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