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Nevada Governor Signs Bill Legalizing Wagers On Esports Events


The newly-signed bill will modify current Nevada statutes having to do with pari-mutuel betting systems to now include competitive gaming, in addition to award shows such as The Oscars.

Nevada's broad school choice program is on thin ice-a potential casualty of a battle over funding priorities between the state's Republicans, including the governor, and Democrats who control the state legislature. The program can't start until lawmakers come up with a new way to finance it-a task that became substantially more hard when Democrats took control of the state legislature in November. The law will be effective starting July 1.

The commission may also amend, repeal and adopt regulations related to the conduct of this wagering system.

Sponsored by Senator Becky Harris, SB 240 was debated in a hearing on March 23. Instead, they've used the word "other events" which is listed alongside sports like dog and horse racing.

The NGC could also introduce fingerprinting of a licensee and request more in-depth personal information.

With the progress towards a welcoming esports environment, Las Vegas is on the right path to becoming an esports hub.

Las Vegas has seen plenty of esports events already, with Millennial Esports arena already host to both the Halo Championship Series and Madden NFL Championships.

As the world of esports continues to grow, so too does the appeal of esports gambling. Across the pond, the Esports Integrity Coalition (ESIC) has signed a Memorandum of Understanding with the UK Gambling Commission. The 300,000-square-foot space that formerly housed the LAX nightclub will be transformed into a multi-level arena with top quality production studios and an LED wall behind the stage.

While this is not the first time when the state has been presented gambling legislation on eSports, it is actually the first time when the state of Nevada gives the green light to a proposed bill and turns it into law.

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