Saturday, February 4, 2023
No Result
View All Result
Esports Grizzly
  • Home
  • Industry
  • GamesUpdates!
    • Call of Duty
    • CS:GO
    • Dota 2
    • FIFA
    • Hearthstone
    • League of Legends
    • NBA 2K League
    • Overwatch
    • Rocket League
    • StarCraft II
    • Valorant
  • Esports Betting SitesNew
    • Bitcasino Esports Review | Evil Geniuses’ Home Esports Bookmaker
    • Sportsbet.io Esports Review
    • Cloudbet Esports Review | Is Cloudbet Legit?
    • Dogecoin Esports Betting Sites
    • Luckbox Review (2021) – Is Luckbox Esports Safe?
    • Betway Esports Review
    • GG.Bet Esports Review | League of Legends, Dota 2 and CS:GO
    • Rivalry Esports Review
    • Pinnacle Esports Review
  • Blog
  • Newsletter
  • About us
  • Contact
Saturday, February 4, 2023
No Result
View All Result
Esports Grizzly
No Result
View All Result

picture-of-las-vegas-at-night

Image credit: Pixabay

Nevada’s Esports Committee Plans to Expand the State’s Esports Betting Market

in Industry
January 28, 2022
  • The development of esports betting in Nevada has experienced some setbacks
  • To make up for that, the local authority has established an esports committee that will assist in approving bodies for accepting wagers
  • The committee’s chairman is sure that within a decade esports betting will be as popular as sports betting

A Nevada esports committee is working hard to speed up the development of the esports betting sector and is optimistic about its future.

Nevada’s Esports Advisory Body Will Help to Develop the Sector

With esports gambling on the rise, numerous US jurisdictions have shown interest in developing their esports betting markets. Nevada is one such state. Despite falling behind New Jersey in recent times, Nevada is bullish on reestablishing itself as an undisputed leader in wagering on competitive gaming. An article by news outlet CDC detailed Nevada’s approach.

The key to the strategy of the Silver State will be a new committee that will guide the industry by providing valuable advice. The committee consists of seven members approved by the state’s Gaming Control Board. Those include various seasoned veterans such as Fifth Street Gaming’s CEO  Seth Schorr, Blizzard’s head of esports Brandon Snow, Oddin.gg’s advisor Becky Harris, UNLV International Gaming Institute's director Brett Abarnel, Penn National Gaming’s president of development, Lovell Walker, Allied Esports’ CEO, Jud Hannigan and Christian Bishop. The committee will be headed by Atlanta Esports Ventures’ CEO, Paul Hamilton who will serve as its chairman.

Casinos must be approved by the Gaming Control Board before taking esports bets which has slowed down the development of the esports wagering sector. However, the committee will help certain leagues to be approved to offer wagering without a permit.

Hamilton is Optimistic About the Future of Esports Betting

Hamilton spoke about the growth of esports betting, noting that esports is quickly surpassing traditional sports in every aspect. He is optimistic that within a decade esports betting options might sit on the front page right next to those for professional sporting events such as the National Football League.

“I think over the next five years, you’re going to see a lot of people feeling comfortable in the growth in that space. In 10 years, I can see them side by side without any question at all. It’s already happening, but we’re just going to open the gates and make sure it’s done right.”

Hamilton is convinced that Las Vegas has the potential of becoming a global hub for top-level esports events that will fill whole arenas and attract visitors from each part of the globe. He is sure that Las Vegas’ fame and experience with betting will take such events to the next level.

Schorr is Glad to Work With the Committee

Schorr is one of the other members of Nevada’s esports committee. He is known as one of the most prominent advocates of esports and esports betting in Las Vegas and has propagated the idea since 2015. He is delighted by the creation of the committee, believing it will speed up the development of the esports betting sector.

“In the past six years, there haven’t been many additional wagers is because the process to get a wager approved by the Gaming Control Board was cumbersome and inefficient. This committee working with the Gaming Control Board to pre-approve matches, leagues, and team operators will make it easier for the sportsbooks to get ahead of determining what they can accept wagers on.”

Schorr added that before that some events would be approved for wagering on the very day of the event.

Integrity remains one of the biggest challenges for esports betting to overcome but the committee members clarified that despite being real problems, match-fixing and cheating can be dealt with. This is especially important as investors expect a degree of integrity before investing in the sector. 

Tags: Esports BettingNevada
Stefan VelikovbyStefan Velikov
Tags: Esports BettingNevada
Home » Nevada’s Esports Committee Plans to Expand the State’s Esports Betting Market
ShareShareTweetShareSend
league-of-legends-clash-between-champions
Blog

Betting on League of Legends: Top 5 Sites to Wager Using Bitcoin

by Papa Bear
September 15, 2022

Few games have captured the hearts of the wider audiences quite like Riot Games’ masterpiece League of Legends has. The...

Read more
overwatch-female-characters
Opinion

Women in Esports: How Esports Are Moving Towards a More Inclusive Future

by Stefan Velikov
October 25, 2021

Gaming has long been regarded as something reserved for nerdy boys. As times change women join in on the fun...

Read more
v-bucks-currency-in-fortnite
Blog

Bitcoin Esports: Best Crypto Esports Betting Sites

by Alexander Todorov
January 23, 2022

Bitcoin esports betting is on the rise. The idea of placing wagers on your favorite esports teams is an experience...

Read more

Latest and Popular

ludwig-streamer-01
Industry

Ludwig Is the New Co-owner of Moist Esports

by Stefan Velikov
January 27, 2023
Riot Games' headquarters.
Industry

Riot Might Be on the Cusp of a Huge Employee Layoff

by Stefan Velikov
January 20, 2023
blizzard-company-official-logo
Industry

Blizzard Is Leaving China after NetEase Denied Contract Extension

by Stefan Velikov
January 19, 2023
The Eiffel Tower in Paris, France.
Industry

France Wants to Create a Strong “National Esports Ecosystem”

by Stefan Velikov
January 18, 2023

Next Post
corki-league-of-legends-character-flying-away-from-a-defeated-flying-craft

Corki and Viktor Hit 100 Wins Worldwide in 2022 Pro Games

eSports Grizzly Mobile Dark
eSports Grizzly Mobile Dark

Content Categories

  • Blog
  • Call of Duty
  • College Esports
  • Consoles
  • Cosplay
  • Counter Strike
  • DOTA 2
  • FGC
  • Fortnite
  • Gaming
  • Halo
  • Hearthstone
  • Industry
  • League of Legends
  • Mobile Legends
  • News
  • Opinion
  • Overwatch
  • Popular
  • PUBG
  • Q&A
  • Rainbow Six Siege
  • Rocket League
  • Streamers
  • Uncategorized
  • Valorant

Recent Posts

  • Entropiq Reveals Their Revamped CS:GO Roster
  • Cloud9 Defeat ENCE And Secure a Spot at IEM Katowice Group Stage
  • Apex London Now Has a Detailed Covid Plan

About Esports Grizzly

We bring you the best Premium esports content from around the globe.

Our FREE weekly newsletter

Keep in the loop with our minimalist weekly newsletter. Subscribe today!

GET IN TOUCH

Esports Grizzly reports on the latest industry and gaming intelligence, Want to pitch in? Get in touch!

  • Home
  • About us
  • Privacy Policy
  • Disclaimer
  • Terms and Conditions
  • Contact

© 2021 Esports Grizzly - Your daily BITE of global esports

No Result
View All Result
  • Home
  • Industry
  • Games
    • Call of Duty
    • CS:GO
    • Dota 2
    • FIFA
    • Hearthstone
    • League of Legends
    • NBA 2K League
    • Overwatch
    • Rocket League
    • StarCraft II
    • Valorant
  • Esports Betting Sites
    • Bitcasino Esports Review | Evil Geniuses’ Home Esports Bookmaker
    • Sportsbet.io Esports Review
    • Cloudbet Esports Review | Is Cloudbet Legit?
    • Dogecoin Esports Betting Sites
    • Luckbox Review (2021) – Is Luckbox Esports Safe?
    • Betway Esports Review
    • GG.Bet Esports Review | League of Legends, Dota 2 and CS:GO
    • Rivalry Esports Review
    • Pinnacle Esports Review
  • Blog
  • Newsletter
  • About us
  • Contact

© 2021 Esports Grizzly - Your daily BITE of global esports

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.