Control Board bans unlicensed fantasy sports wagering

Control Board bans unlicensed fantasy sports wagering

October 17, 2015 7:45 AM
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Control Board bans unlicensed fantasy sports wageringDaily fantasy sports wagering in Nevada is illegal without the licenses issued by the state,  Gaming Control Board Chairman A.G. Burnett has declared in a notice to licensees.

The notice issued Thursday afternoon answers at least one of the crucial questions, asked during recent months by people inside and outside the gaming business who were interested in knowing what Nevada’s position on this fast growing pastime would be.

Burnett said he had consulted with the Attorney General’s Gaming Division and sought input from the Board’s staff before coming to the consultation that resulted in the conclusions outlined in his notice to the industry.

Any entity offering daily fantasy sports within the state, “must possess a license to operate a sports pool issued by the Nevada Gaming Commission. Further, a licensed operator must comply with all laws and regulations that apply to sports pools.”

The notice continued, “Since offering DFS (daily fantasy sports) is illegal without the appropriate licenses, all unlicensed activities must cease and desist from the date of this notice until such time as the Nevada Revised statutes are changed or until such entities file for and obtain the requisite licensed to engage in said activity.”

Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: PhilHevener@GamingToday.com.

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