Nevada Governor Signs Esports Betting Into Law
A bill that will legalize esports betting in Nevada was signed into law on Saturday by Governor Brian Sandoval. It officially adds esports events to the state list of legal betting activities. The bill does not create a new law but simply extends the state’s current law to include competitive gaming.
Interestingly, Senate Bill 240 does not explicitly mention esports in its wording. However, the bill was written specifically to include esports in legal betting activities. Esports would be included in the “other events” written in the bill as legal parimutuel betting – an umbrella that will also cover awards shows.
Esports betting was first introduced in Nevada last November when British Bookmaker William Hill received special permission to accept bets on IEM Oakland in partnership with the Downtown Grand. Esports betting will officially be legal for all pari mutuel operators in the state as of July 1.
Chairman of the Nevada Gaming Control Board AG Burnett is optimistic that the new law will help Nevada’s esports scene attract more visitors.
“Ideally you would have people coming from all over the globe to compete, with people paying to come in and bet on that event like you would a sportsbook,” said Burnett, who has been a supporter of the bill.
Las Vegas boasts a 15,000-square foot facility called Millennial Esports which has already hosted major esports tournaments and another facility, T-Mobile Arena, under construction on the strip. Last year the city hosted the League of Legends Championship Series summer finals.