Daily fantasy sports giants DraftKings and FanDuel are plotting a return to the regulated Nevada market with a proposal to introduce a new, "fantasy gaming license." The proposal was presented earlier this week to the Nevada’s Gaming Policy Committee and was fairly light on details. At its core, the idea is that daily fantasy sports…
Nevada sports books are prepping for their first venture into Olympic betting for the first time in more than a decade. Their expectations for making big bucks, however, are pretty low. Olympic betting is hardly new and has been offered in practically every country except the United States for a very long time. Even the…
Nevada gaming regulators have given their approval to USFantasy, a Henderson, Nevada-based daily fantasy sports with a fairly unique business model. If successful in Nevada, USFantasy could provide a daily fantasy sports model that's both attractive, and fair, to players of all skill levels. Unlike traditional daily fantasy sports operators like DraftKings and FanDuel, USFantasy…
U.S. Sports, a Nevada daily fantasy sports startup is taking a decidedly different approach to the business than their better know peers like DraftKings and FanDuel. Under the tutelage of Mike Knapp, the company's Fantasy Commissioner, U.S. Sports is proudly embracing the gambling label most US-facing daily fantasy sports have shunned like the plague. Knapp's…
Nevada Governor Brian Sandoval is all in on the idea of establishing an interstate online poker compact with the State of New Jersey. It's an idea that's incredibly popular with igaming operators, but it's not quite as popular with the political powers that make things happen in New Jersey. Governor Sandoval expressed his enthusiasm for…
The Nevada Gaming Policy Committee has some really great news for anyone looking to cash in on e-sports betting. After a thorough review, the committee found that there's nothing in the current regulations preventing bookmakers from taking action in the up-and-coming gaming market. The Committee, which includes 12 pretty heavy Nevada political players, met recently to…
A recent gambling addiction study suggests that problem gamblers don't necessarily need regulated options to get their fix. Regardless, Nevada still has the most gambling addicts of any US state. The study was conducted by WalletHub, a company that bills itself as a, "financial fitness firm," and looked at both availability of gambling (gambling friendliness)…
The bad news just keeps rolling in for beleaguered daily fantasy sports operators, DraftKings and FanDuel. Earlier this week, CG Technology filed patent infringement lawsuits against the two companies in a Nevada courtroom. CG Technology (which used to operate under the name Cantor Gaming) is a longtime provider of sports betting technology and software to…
The Nevada Gaming Policy Commission came out this week for a public discussion on the fate of Silver State-facing daily fantasy sports sites and the tone of the discussion was not favorable for DFS operators, according to LegalSportsReport.com. In short, Nevada regulators don't seem to be buying into the argument made by DraftKings CEO Jason…
Nevada Gaming Commissioner Michonne Ascuaga resigned her position this week after coming under investigation by the Feds for running afoul of anti-money laundering regulations. The investigation focuses on Ascuaga's 16-year tenure as the CEO of the Sparks Nugget in Reno. It's worth noting that the casino, not Ascuaga, were named in the investigation by the…
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