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Nevada Gaming Control Board proposes two-year sportsbook revenue restriction for Fifth Street

Regulation

Nevada’s Gaming Control Board proposed limiting Fifth Street Gaming’s share of sportsbook revenue from its arrangement with Boomer’s Sportsbook for two years. The Nevada Gaming Commission was due to consider the proposal on 20 November; it would not affect Boomer’s, which hoped to become the venue’s sportsbook operator if approved. Fifth Street representatives cited compliance improvements, while a commission chairman said further accounting and control issues remained.

Fifth Street’s sportsbook revenue could be restricted while regulators assess accounting and control issues.

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