Silver State considering sports betting for the Olympic Games
January 27, 2015
The state of Nevada is going through one of its best moments. The US gambling state is looking at the sports betting market with good eyes and already allowing bets on events and contests for the Olympic Games. Nevada sports book operators are also on the lookout for new products to offer to their gamblers (cultural events like the Academy Awards, reality TV shows, politics, etc.). The state’s sports book operators made more than $200 million out of $3.6 billion in bets, according to reports from the University of Nevada Las Vegas; only during the month of November of the last year 2014, Nevada’s sports betting market made $535 million.
The several wagering operators want to include every single sport discipline in their sports books to offer the widest offer in the market. The good moment Nevada’s gaming market is going through is making bets operators think about the possibilities of growing up and, the Olympic Games are the best chance to do so. According to Nevada’s reports, the sports betting operators are now on the top of the hill. The online sports bets market has already reached that long-standing established state of mind and therefore is ready to commence the business expansion.
The Silver State is already letting sports books operate and take bets on events from the Olympics Games. However, sports books having the consent does not mean that they will not be controlled under the state’s gaming regulators as wells as monitored by every single operator in Nevada. The whole process is being taken very seriously and sports wagering operators as important as CG Technology, William Hill and the Westgate, are all asking for the Olympics Commission support.