Nevada Gaming Control Board chair Kirk Hendrick said he intends to resign after the state’s 2025 legislative session. He said the session is due to run from early February to early June, but his final day has not been set. Governor Joe Lombardo appointed Hendrick in January 2023 and will select his successor.
The planned departure will require Nevada to appoint a new chair to lead its gaming regulator.
The day’s most important stories, free. One email a day.
Nevada Gaming Control Board Chairman Mike Dreitzer said on a podcast that prediction market operators such as Kalshi are running illegal sportsbooks, and that Nevada has no fallback plan if the Supreme Court sides with them. He urged tribes and licensees to hold firm, even though several tribes have partnered with Kalshi this month. The comments followed a CFTC interim rule of 9 October excluding casino-style gambling products from the definition of a swap, alongside a proposed rule covering event contracts.
Jesse Lynn and Ted Papapostolou resigned from the Caesars Entertainment board with immediate effect, according to a company filing. Caesars and Fertitta Entertainment received a second information request from the FTC concerning their proposed merger and have 30 days to respond; completion remains subject to the review period and other agreement conditions.
Nevada Assembly Speaker Steve Yeager said AJR5 would not advance after missing the first committee deadline in the 2025 legislative session. The proposed constitutional amendment had passed both chambers in 2023; it needed to pass them again before voters could consider it in a 2026 referendum.
The chairman of Nevada's gaming regulator was among industry figures who warned about casino-style prediction markets at the NCLGS Summer Meeting in July. Prediction markets have expanded rapidly into products functionally similar to sports betting over the past 18 months.
Nevada Gaming Control Board chair Mike Dreitzer urged casino industry leaders in Las Vegas to oppose sports event prediction markets, saying they bypass state oversight. Louisiana Gaming Control Board chair Christopher Hebert said he agreed, citing the need to protect the public and compliant operators.