Nevada Gaming Commission calls for interstate input
Regulator asks for advice on how rev share agreements should be structured ahead of state opting to compact.
Nevada’s Gaming Commission has called on the state’s licensees and other interested parties to help address issues concerning interstate gaming regulations.
Recent amendments to Assembly Bill 114 requires the state’s Gaming Commission to adopt regulations to permit compact agreements with “other states or agencies” in order to pool player liquidity.
Governor Brian Sandoval last month pushed through the changes, claiming regulation in New Jersey made the change a necessity to “help Nevada maintain its position as the gold standard in gaming”.
Nevada is treading new ground by aiming to be the first state to accept bets from players in other states. Read more on interstate compacts here.
In a posting on its website, the Commission has asked for advice in order to tackle issues such as whether revenue sharing between “signatory states” to a compact should be based on the location of where the wager originated, or if revenue sharing between states should be based on the location of the licensed interactive host.
It has also asked for input on how much control the regulator of the prospective partner states should have over player disputes.
Interested and affected parties including existing and prospective licensees have been asked to file comments with the Commission’s Executive Secretary on or before 12 April.