NV Gaming Commission to weigh action to help allow Kentucky Derby betting
Following a public hearing at Thursday’s Nevada Gaming Commission meeting, an amendment to Regulation 22 governing race books and sports pools will be considered by the five-member commission.
“Unfortunately, since their last off-track pari-mutuel agreement expired in October 2019, the Nevada books have not been able to successfully negotiate another off-track pari-mutuel wagering agreement with Churchill Downs, the track that hosts the Kentucky Derby and Kentucky Oaks,” the petition says.
Regulation 22 requires that a licensed race book shall determine the winners of or payouts on wagers on horse and other animal races only with information the book receives from licensed disseminators. ... [Last year] the Gaming Commission solved the problem the same way it’s been proposed for resolution this year — that sportsbooks be allowed to base race results and calculate payouts on what is presented on national television.