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Category: Gambling Industry News

The gambling industry changes quickly. The landscape of the gambling world last year is completely different from how it is now. Here in our gambling industry news section, you can find the latest developments in the industry. While you can check out our gambling software reviews to find out the best in the industry, you can read about the latest data from the gambling market here. Read the latest gambling reports, announcements, press releases from gambling companies, and more.

Nevada is one of the most established gambling markets in the world. It is also one of the most innovative. Even with online sports betting and online gaming, they always provide their players with an experience up to the standards of Vegas gambling. Adding eSports to your bookie pay per head sportsbook is not something that all sportsbooks do. Nevada regulators want to know more about eSports betting, and they want to be able to see regulated eSports betting in Nevada sportsbooks.

Thus, an eSports Technical Advisory Board was formed. This committee will be proposing amendments that will regulate and streamline what sportsbooks must do to offer eSports betting. Much like in a pay per head sportsbook service, eSports betting can help boost the local betting market given how popular it is becoming.

Streamlining eSports Betting in Nevada

The committee will then forward their recommendations to the Nevada Gaming Commission and the Nevada Gaming Control Board. Once the regulations pass both offices, sportsbooks in the state can now offer eSports betting in Nevada. The recommendation proposes that prior approval would not be needed if they comply with certain rules.

eSports betting is technically legal in Nevada, but its classification under the law means that operators will need prior approval before they can offer eSports wagering. By streamlining this, operators will have to spend less resources and time filing for approval. Once of the challenges bookies experience is being able to offer the best and the latest gambling products to their players. The less resistance and obstacles bookies face, the better the outcome and revenue.

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Yes, it sounds very impossible, but what began as rumors and whispers within the Global Gambling industry is now starting to gain more ground. We could soon see gambling in the United Arab Emirates (UAE) and see a new gambling hotspot. One of the smaller of the emirates, Ras Al Khaimah (RAK), has recently announced that they are planning to allow a regulated gambling market in certain resorts. The middle east is, of course, quite an interesting market for gaming as well as the PPH sportsbook industry.

In a similar report in online gambling industry news, Wynn Resorts of the Las Vegas Casino fame, has also announced that they will be building a resort in a man-made island. This resort will be licensed for gambling. This is, of course, surprising news for a region that has traditionally been unfriendly towards gambling.

Dubai as the Next Gambling Hotspot

Currently, people who want to gamble in the country could do so, if they would visit Lebanon’s Casino du Liban, or some Egyptian hotels. In the UAE, each emirate will have the authority to decide if they will want to regulate gambling in their area. This policy would be similar to how Sharjah does not allow the purchase of alcohol, while other emirates allow it.

There is no specific timeline announced, but many insiders believe that this could happen soon. Given that the interest in gambling in the UAE is now gaining traction, many gambling companies will now be looking into investing in the country. Currently, residents have access to the Loto, as well as some race courses. However, there is also no information if this will be a foreigner-only industry, or if citizens will be allowed to gamble as well.