Existing law requires the Nevada Gaming Commission and the Nevada Gaming Control Board to administer state gaming licenses and manufacturer's, seller's and distributor's licenses and to perform various acts relating to the regulation and control of gaming. (NRS 463.140) Section 3.5 of this bill requires the Commission to adopt regulations requiring the registration of sports wagering ticket brokers and setting forth requirements for the operation of sports wagering ticket brokers. Section 2 of this bill defines “sports wagering ticket broker” to mean, in general, a person who, for any form of compensation, fee or other remuneration, facilitates the sale and transfer of an active sports wager. Section 1.5 of this bill defines “active sports wager” to mean a wager on a sporting event or other event whose outcome has not yet been determined. Section 3.5 authorizes the regulations adopted by the Commission to, without limitation: (1) require each sports wagering ticket broker and certain persons associated with a sports wagering ticket broker to be registered with the Board; (2) establish fees associated with such registrations; (3) set forth requirements concerning the method and manner by which a sports wagering ticket broker must facilitate sales and transfers of active sports wagers; (4) require a sports wagering ticket broker to adopt certain procedures and maintain certain records; and (5) set forth certain other requirements and restrictions concerning the registration and operation of sports wagering ticket brokers. Section 3.5 prohibits a person from operating as a sports wagering ticket broker unless the person is registered pursuant to the regulations adopted pursuant to section 3.5 and meets any other requirements set forth in those regulations. Section 5 of this bill makes a conforming change to apply the definitions set forth in sections 1.5 and 2 to the statutes governing gaming. Existing law defines “associated equipment” to mean, in general, any equipment or certain contrivances, components or machines used remotely or directly in connection with gaming, any game, race book or sports pool that would not otherwise be classified as a gaming device. (NRS 463.0136) Section 5.5 of this bill revises the definition of associated equipment to include certain computerized systems used by a sports wagering ticket broker, thereby making those computerized systems subject to the same regulation and control as associated equipment. Existing law prohibits: (1) accepting, receiving or allowing another person to accept or receive a wager from a person physically present in this State; and (2) placing, sending, transmitting or relaying a wager to another person from within or outside this State under certain circumstances. (NRS 465.092, 465.093) Section 8 of this bill provides that those prohibitions do not apply to the operations of a sports wagering ticket broker. Existing law prohibits a person from being employed as a gaming employee unless the person is registered with the Board. (NRS 463.335) Existing law defines “gaming employee” to include certain specified persons including, without limitation, employees whose duties are directly involved with the manufacture, repair, sale or distribution of gaming devices, certain associated equipment, cashless wagering systems or interactive gaming systems. (NRS 463.0157) Section 4 of this bill requires the Commission to adopt regulations specifying the duties relating to the manufacture or repair of gaming devices, associated equipment, cashless wagering systems or interactive gaming systems that an employee must have for the employee to constitute a gaming employee. Existing law requires a licensee who participates in foreign gaming to file certain documents with the Board as soon as participation in foreign gaming begins and thereafter file annual and quarterly reports containing certain information concerning the foreign gaming operation. (NRS 463.710) Section 7 of this bill revises those filing requirements to: (1) require a notice to be filed when participation in foreign gaming begins and terminates; (2) eliminate the requirement to file certain annual reports; and (3) revise the content that is required to be included in the required quarterly reports.

Statutes affected:
As Introduced: 463.013, 463.160, 463.710
Reprint 1: 463.013, 463.0136, 463.710, 465.094
BDR: 463.013, 463.160, 463.710