Rio Hotel & Casino said it had reopened its renovated 3,400-square-foot William Hill sportsbook in Las Vegas. The facility has 12 self-service betting kiosks, eight horse-racing stations and seating for more than 100 customers, while Nevada authorities and the CFTC dispute sports-related event contracts.
Nevada casino operators are upgrading retail sportsbooks while federally overseen prediction markets challenge state gambling rules.
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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.
The operators of The Venetian Resort Las Vegas agreed to a proposed $7.2m settlement with Nevada gaming regulators over alleged anti-money laundering failures involving Mathew Bowyer, the report said. The agreement requires Nevada Gaming Commission approval at its August meeting. The complaint concerns activity from 2019 to 2021, before Apollo Global Management acquired the property’s operations in 2022.
The Nevada Gaming Control Board recommended that the Nevada Gaming Commission approve Caesars’ takeover of Westgate’s sportsbook operations. Caesars said it would take over on 28 July if approved, retaining the Westgate SuperBook name and adding 26 kiosks and Caesars betting technology.
Nevada Gaming Control Board senior economic analyst Shelley Newell reported that state sportsbooks won $43.7m in April, up 2.6% from a year earlier. Wagers fell 15.1% to $525.1m, while mobile wagers declined 17.6% to $397.9m and represented 75.8% of the total.
The Nevada Gaming Control Board recommended that the Nevada Gaming Commission approve Boomer’s Sportsbook at Casino Fandango in Carson City. Boomer’s president and CEO Joe Asher said the casino sought approval for the sportsbook to open on 1 September, after William Hill ended its agreement early; the proposed operation includes a staffed sportsbook and two kiosks.