Nevada board considers faster process for rescinding past-posted wagers
Nevada gaming regulators are due to consider a recommendation on proposed changes to the rules for wagers accepted after an event’s outcome is known. Senior Deputy Attorney General John Michela said the proposal would require reporting within one week, while chair approval would not be needed when rescission follows a sportsbook’s approved house rules; the Gaming Control Board is to consider the recommendation before it goes to the Gaming Commission.
The proposal could change Nevada sportsbooks’ reporting duties and approval process when cancelling wagers accepted after an event has ended.