A new Nevada law signed by the Governor late last month clarified the legality on esports betting. The new bill allows parimutuel esports betting within the state.
The new law amends language to ensure that “other events” are included in parimutuel wagering. The gaming laws and parimutuel laws are different in Nevada and thus the law sought to clarify the legality of betting on esports.
The move is another sign that Vegas wants to be the hub of esports. Some Vegas hotels are converting some of its space to host esports gaming tournaments. The lure is to bring in the younger demo with hopes of it spilling into their casinos. The new bill grants the chance for a broader opportunity to bet on esports.