A new law in Nevada will allow pari-mutuel wagering on the World Series of Poker, esports competitions and other nontraditional sporting events.
The bill, SB 240, was signed into law by Nevada Gov. Brian Sandoval on Saturday after being unanimously approved by the Nevada Senate and Assembly. The law will be effective starting July 1.
"By adding 'other events', we are able to capture events like esports and the World Series of Poker," sponsoring Sen. Becky Harris of District 9 told ESPN. "This allows for Nevada operators to use a pari-mutuel system of wagering. This allows for operators to offer bets they might not otherwise make."
The bill was proposed to amend the 464th chapter of Nevada Statutes, which covers pari-mutuel betting. Prior to its approval, traditional sportsbook-style betting had been allowed on other events. The law will now open new lines for other competitions not classified under the traditional Nevada sporting events and dog racing law.