A Closer Look at Nevada's Proposed Racing Regs

22 July 2005

Nevada's Gaming Control Board has begun reviewing a new set of proposed regulations that would permit the sports books of licensed casinos to accept wagers on horse and dog races from out-of-state gamblers. At the moment Nevada sports books may accept wagers on out-of-state races only from patrons who are physically located in Nevada.

If the regulations are adopted by the Nevada Gaming Commission, bettors who reside in states where race wagering is legal would be able to create a credit account with Nevada casinos and then place wagers via telephone. Placing bets over the Internet would be explicitly prohibited.

Ironically, the state of Nevada is behind 17 other states that already permit out-of-state bettors to access account wagering services, but these new regulations would put Nevada on equal footing with them.

Following the introduction of the regulations to the Gaming Control Board, a public comment on the new rules could be permitted at the Control Board's next meeting in August. If the Control Board approves the regulations, they would appear before the state's Gaming Commission for approval before becoming law.

Click here to view the first set of regulations.

Click here to view the second set of regulations.