‘One wallet’ considered by NGCB

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Nevada horseplayers and sports bettors may have an easier time funding and placing bets over their mobile app.

The Nevada Gaming Control Board Wednesday will consider making a recommendation to the Nevada Gaming Commission to remove the requirement of separate wagering accounts for pari-mutuel horse race wagering. That will make it a lot easier for those horse players looking to make a last-second play before post time at Santa Anita and quickly get back to their in-play wagering on an NFL game.

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“It makes it easier for a patron to wager on different areas without having to sign out of one account and sign into another,” according to a Gaming Control Board spokesman.

The Board’s audit proposed the deletion of the existing regulation. The initial thought behind keeping them separate was that Nevada was the only state at the time that allowed sports wagering, the spokesman said.

The change was proposed based on discussions with several licensees who wanted to have such an account, he said.

It would create a “One wallet” system for account-holders who could pool their money in their account to bet either race or sports.

“If a system can properly account for all the separate account wagering activity for each revenue area, then it is patron-and-license friendly and still allows for proper revenue reporting and fund protection,” the spokesman said. “Consequently, it should be an improvement for all parties.”

The revised regulation also proposed a placeholder that enables the acceptance of out-of-state sports wagers if that’s ever legalized nationwide by Congress or allowed by the Supreme Court. The federal Wire Act prohibits that.

Race and sportsbook operators contacted by Gaming Today said they weren’t aware of the proposed change and didn’t want to comment on it at this time. But any change that makes it more convenient for horseplayers who bet using their mobile account will be applauded on both sides of the counter.

About the Author

Buck Wargo

Buck Wargo is a former journalist with the Los Angeles Times and has been based in Las Vegas as a business, real estate and gaming reporter since 2005.

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