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Odds Shorten on CG Technology Losing Nevada Sportsbook License After Regulators Reject Settlement

CG Technology Nevada Gaming Commission Nevada Gaming Commission Chair Tony Alamo says the offenses committed by CG Technology are deserving of a much more substantial fine. (Image: Las Vegas Review-Journal) Earlier this month, the sportsbook company and the Nevada Gaming Control Board (NGCB) agreed to the quarter of a million dollar fine after CG Technology disclosed numerous infractions to the agency. CG said it violated Nevada gaming laws by accepting out-of-state mobile wagers, both underpaid and overpaid customers, and accepted bets after events had already occurred. While the NGCB and CG Technology thought they had reached a conclusion on the violations, the Nevada Gaming Commission unanimously rejected the settlement during its meeting this week. I have zero appetite to move forward on this agreement,” Gaming Commission Chairman Tony Alamo explained. Among CG Technology’s Las Vegas sportsbooks are The Palazzo and Venetian, Cosmopolitan, Hard Rock, and Tropicana. The Supreme Court of the United States struck down the federal sports betting ban in May. The 6-3 decision gave states the right to determine their own laws on the gambling activity. It’s also put gambling into the mainstream news, and many critics to the แทงบอลออนไลน์ สมัครฟรี repeal are voicing concerns that sports betting, specifically mobile and online wagering, can’t be properly regulated. Senator Orrin Hatch (R-Utah), one of the original authors of the Professional and Amateur Sports Protection Act that the Supreme Court overturned, said following the repeal, “The problems posed by sports betting are much the same as they were 25 years ago. But the rapid rise of the internet means that sports betting across state lines is now just a click away.” Of course, many in the gaming industry believe technology is more than capable of making sure someone who wishes to experience a real-money online casino or sportsbook is actually within the legalized border of the state.

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