Salerno upbeat about future of US Fantasy
December 22, 2015 3:00 AM
by Phil Hevener
Vic Salerno was flashing a smile as he returned to Las Vegas from California where he met last week with officials at high levels of the horse racing industry to discuss his unique pari-mutuel oriented approach to daily fantasy sports betting.
Salerno is not ready yet to begin the name-dropping, but he stressed during a conversation Sunday that there is “strong interest” in the USF (U.S. Fantasy) operation he and partner Mike Knapp hope to have up and running by late summer in time for next year’s football season.
Salerno has become the first person to apply for the sportsbook license the Gaming Control Board says will be required of Nevada operators in the daily fantasy sports business.
Salerno’s use of the pari-mutuel approach to business makes it possible for USF products to blend seamlessly with off-track or on-track betting procedures used across the country by racing interests. He sees USF as an easy fit in a state such as Indiana where lawmakers are working on regulations for daily fantasy games.
Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: PhilHevener@GamingToday.com.