Friday, May 31, 2013

Brain Dead NV Legislators At It Again

Of all the problems Nevada has, this wasn't one of them.
From the LVRJ: William Hill U.S., which operates 84 sports betting kiosks statewide, was evaluating its options Friday after the Nevada Assembly’s 41-0 vote to ban betting kiosks in bars, taverns and other establishments holding a restricted gaming license.
The vote Thursday in the Assembly was after Senate Bill 416 passed 18-3 last week in the state Senate. The updated gaming regulation will go into effect on July 1, if Republican Gov. Brian Sandoval signs the veto-proof bill as analysts expect.
“We will review the bill when we receive it,” Mary Sarah Kinner, a spokeswoman for Gov. Sandoval, said in an email Friday.
William Hill and Cantor Gaming both offer sports betting kiosks to Nevada bars and taverns. The Nevada Resort Association’s position has been sports betting kiosks blurred the line between nonrestricted gaming, such as hotel-casinos, and restricted locations such as bars and taverns that are limited to 15 slot machines.
Virginia Valentine, president of the Nevada Resort Association, said it was never the intent of the gaming regulations to allow restricted locations to offer sports betting. She said sports books have always been limited to nonrestricted locations.
Cantor Gaming, a Las Vegas-based division of the financial services firm Cantor Fitzgerald L.P., declined to comment. William Hill issued a statement Friday expressing its disappointment with the Assembly’s vote to approve the measure.
“We are disappointed that the Nevada legislature has passed this bill,” the Las Vegas-based subsidiary of William Hill PLC said in a statement. “As technology continues to move forward, Nevada is now taking a major step backward.”
William Hill said the Nevada Gaming Control Board determined that “these kiosks complied with the regulations and approved the installation of each of them.”   http://www.reviewjournal.com/business/casinos-gaming/william-hill-considering-options-after-sports-betting-kiosk-ban
Just another example of the big resorts going after the little guys in the business.

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