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International Center For Gaming Regulation In The News
Esports is breaking yet another major barrier in the Las Vegas valley. Not only are fans able to watch major events in the new Esports Arena, but they can now bet on video games.
Since 2015, at least a dozen NBA teams, owners and players have invested heavily in the growing e-sports market, backing or buying competitive gaming teams around the globe. Dallas Mavericks owner Mark Cuban, a dot-com pioneer who built a fortune in the tech world, opted for a different route. Instead of buying an e-sports team of his own, Cuban made a bet on betting, investing in a company called Unikrn that sets lines and takes wagers from around the world on e-sports competitions.
A plan to bring the Bermuda Casino Gaming Commission under ministerial control has been described as “flying in the face” of best practice and a “recipe for disaster” by overseas experts.
Well-known casino and gaming corporation Caesars Entertainment has just opened a brand-new production studio in Las Vegas, and will be planning to feature esports in the new space. Over the weekend, it even hosted its first esports event, a Gears of War pro circuit.
Football fans who look forward every year to what players their favorite team selects at the NFL draft can now bet on the outcome in Nevada. But some sports books in Las Vegas expect the new wagering to draw little more attention than Mr. Irrelevant, the last player picked every year.
Football fans who look forward every year to what players their favorite team selects at the NFL draft can now bet on the outcome in Nevada. But some sports books in Las Vegas expect the new wagering to draw little more attention than Mr. Irrelevant, the last player picked every year. Nevada gambling regulators have approved for the first time a series of proposition bets — unique wagers offered on specific outcomes — on the draft, which will take place at the end of the month.
Nevada is currently the only state allowed to perform full-fledged sports gaming operations, but that might change soon.
From the nation’s capital to the global capital of gambling, advocates for the legalization of sports betting celebrated the NFL’s decision this week to allow the Oakland Raiders to relocate to Las Vegas.
On Feb. 19, an international athletic showdown took over the MGM Grand Garden Arena in Las Vegas. It was the culmination of a five-day tournament that had teams from Denmark, Poland, Germany, Sweden, Canada, Australia, Brazil and the U.S. competing for $450,000 and priceless bragging rights.
An organization co-founded by Downtown Grand Chairman Seth Schorr dedicated to promoting Nevada in the e-sports industry launched on Thursday. The goal of the Nevada Esports Alliance (NVEA) is to advance the development of Nevada as a global e-sports hub as the video gaming and gambling industries continue to overlap.
A group of businesses, advocates and academics have formed an association focused on advancing the development of Nevada as a global hub for esports. The Nevada Esports Alliance is a new non-profit organization that plans to boost the state as the center of the convergence of video gaming and the casino industry.
International Center For Gaming Regulation News
Two national scholars will conduct research to help inform gaming regulators worldwide during residencies at UNLV.
Center helps regulators and policymakers understand current issues and is establishing best regulatory practices.