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Nevada Gaming Control Board issues casinos problem-gambling helpline notice

Regulation

Nevada gaming regulators sent the state’s gaming operators a notice urging them to inform patrons about the National Council on Problem Gambling’s 1-800-MY-RESET helpline, reportedly this week. Board Chair Mike Dreitzer said existing helpline numbers remain acceptable for in-house postings and written materials, while the notice requires information on problem gambling and a helpline in specified gaming areas.

Casino licensees must provide patrons with problem-gambling information and helpline details in designated areas.

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Regulation

Nevada Gaming Control Board questions CFTC’s prediction market rules

Nevada Gaming Control Board Chairman Mike Dreitzer said he expected the CFTC’s move. The agency proposed defining event contracts as swaps while excluding casino-style gambling, including sportsbook wagers and casino games. Dreitzer said sports event contracts and online sportsbook bets are the same, while Kalshi filed for a rehearing after losing a unanimous ruling against Ohio and Tennessee regulators.

Nevada's chief gaming regulator said he expected the Commodity Futures Trading Commission to push ahead with its prediction-market overhaul. Mike Dreitzer, who chairs the Nevada Gaming Control Board, told the Indian Gaming Association's weekly webinar on Wednesday that the agency has been acting in concert with designated contract markets. He called the line the CFTC draws between event contracts and sportsbook wagers "an untenable distinction without a difference." The commission released two proposals late last Friday, one of which would classify event contracts as swaps under federal law and bar traditional gambling.

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