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Can I offer a sports betting product in Nevada? What are the requirements?

Requirements to offer a sports betting product in NevadaTo offer a sports betting product in Nevada, you must obtain a license from the Nevada Gaming Control Board [1.4]. The license is required for any person, either as owner, lessee or employee, whether for hire or not, to operate, carry on, conduct or maintain any form of manufacture, selling or distribution of any gaming device, cashless wagering system or interactive gaming system for use or play in Nevada without first procuring and maintaining all required federal, state, county and municipal licenses [1.1].To obtain a license, you must register with the Board and undergo a suitability review [1.5]. The regulations adopted by the Commission require persons who manufacture or distribute associated equipment for use in this State to be registered with the Board if such associated equipment is directly used in gaming, has the ability to add or subtract cash, cash equivalents or wagering credits to a game, gaming device or cashless wagering system, interfaces with and affects the operation of a game, gaming device, cashless wagering system or other associated equipment, is used directly or indirectly in the reporting of gross revenue, or is otherwise determined by the Board to create a risk to the integrity of gaming and protection of the public if not regulated [1.5].Additionally, a person who has been issued a nonrestricted gaming license for an operation described in subsection 1 or 2 of NRS 463.0177 may establish a sports pool or race book on the premises of the establishment only after obtaining permission from the Commission [1.4].It is also important to note that it is unlawful for a person to receive, directly or indirectly, any compensation or reward, or any percentage or share of the money or property played, for accepting any bet or wager upon the result of any event held at a track involving a horse or other animal, sporting event or other event, as defined by regulations adopted by the Nevada Gaming Commission, without having first procured, and thereafter maintaining in effect, all federal, state, county and municipal gaming licenses as required by statute, regulation or ordinance or by the governing body of any unincorporated town [2.1].All other forms of wagering or betting on the results of any of the races or events licensed under this chapter outside the enclosure or establishment where the races, events or off-track pari-mutuel wagering are licensed by the Nevada Gaming Commission are illegal [3.1].ConclusionTo summarize, to offer a sports betting product in Nevada, you must obtain a license from the Nevada Gaming Control Board, register with the Board, undergo a suitability review, and obtain permission from the Commission if you have been issued a nonrestricted gaming license for an operation described in subsection 1 or 2 of NRS 463.0177. It is also important to comply with the regulations and laws governing gambling in Nevada, including those related to compensation for accepting bets or wagers and wagering outside licensed establishments [2.1][3.1].