Cashless gaming could be coming to Vegas
More support is being giving to remove physical cash from gambling houses in Nevada
Nevada has been considering, for some time now, possible regulations that could bring more digital financial transactions to the traditional gambling venues in Las Vegas. Now, spurred by the effects of the coronavirus pandemic, Nevada regulators will meet today to take another step forward in adapting the existing rules for these transactions to happen, which requires the Nevada Gaming Commission to reconsider two regulations that block the way and get them amended.
This is good news for the industry leaders, who hope that these new rules can change the procedures in the casinos the same that the “ticket in-ticket out” technology that was brought in the ’90s did. Nevada’s Gaming Control Board Chairwoman Sandra Morgan has been one of the advocates supporting cashless solutions in casinos; however, she said that the requests to introduce this technology have slowed down in the past few months. “I’ve been pretty public saying that I’m open to looking at new ways that technology can help attract new customers and be beneficial for not only the industry, but even for responsible gaming measures as well,” said Morgan back in May.
In June’s meeting, the Control Board members discussed the possible amendment of six rules representing Regulation 1, which has a series of definitions on financial terms that required two amendments. Also, a new section of Regulation 14, which addresses directly cashless wagering systems, could be added. The board has unanimously approved the recommendations made by Nevada’s commission, which now need to go through a period of public hearings before they can be implemented.