weather icon Mostly Cloudy

UNLV institute to study effects of sports wagering

As more states consider legalizing online gambling and sports wagering, legislators and regulators face many unanswered questions about the potential impacts.

UNLV’s International Gaming Institute announced a new study to answer these questions by assessing U.S. sports betting and internet gaming markets on Monday. The research team will scour markets nationwide to identify the most important questions that policymakers and stakeholders are asking when looking to understand online gambling and sports wagering.

“Effective public policy is always best served by an evidence-based approach to its creation,” said Alan Feldman, Distinguished Fellow in Responsible Gaming at IGI and chair of the International Center for Responsible Gaming. “In order to provide the necessary player protections as well as ensure a stable and well-regulated marketplace, policies should be based on sound research evidence rather than opinion or conjecture. It is our hope to contribute to the body of knowledge in this area so that the public can benefit from this activity and whatever harms may arise can be minimized to the greatest extent possible.”

The study is funded by GVC Foundation US, a nonprofit dedicated to promoting responsible gambling and sports integrity. The foundation was created by the GVC Global Foundation and GVC Holdings PLC, one of the world’s largest sports betting and gaming groups.

“We’re at a crucial point in the development of U.S. gambling. COVID-19 has disrupted every area of life, including professional sports, mental health and betting markets, and it’s more important than ever that we chart the course of this impactful industry,” said Martin Lycka, trustee of GVC Foundation US and director of regulatory affairs for GVC Holdings. “Addressing challenges currently facing the gambling industry will lead to better outcomes for all.”

Part of the IGI’s work includes analyzing the U.S. gaming market’s structure to provide up-to-date, evidence-based information to policymakers and a proposal to implement responsible regulatory best practices in the post-COVID world.

An initial report will be issued by July 31, with a more detailed report expected in the fall.

“There is perhaps no U.S. industry more complicated, dynamic and impactful than gambling. It’s crucial that we gain a better understanding of the questions that policymakers are asking so we can serve as effective resources of information and guide public policy discussions in a meaningful way,” said Bill Pascrell, trustee of GVC Foundation US and partner at Princeton Public Affairs Group.

Don't miss the big stories. Like us on Facebook.
Development of Pahrump’s Kellogg Park tracking right along

Development of Pahrump’s newest park, Kellogg Park on the southern end of the valley, continues to move along steadily, with a variety of milestones reached in recent months and officials with the town of Pahrump and Nye County now setting their sights on the next steps of the development process.

PLAC to decide on Rough Hat recommendations; meeting Nov. 30 in Pahrump

Throughout its many years, the Pahrump Public Lands Advisory Committee hasn’t seen a whole lot of community involvement, with the group historically hosting its monthly meetings amid almost empty audiences.

Together With Veterans hosting SWOT assessment meeting in Pahrump

The men and women who have served in the United States military have given of themselves, made sacrifices on a daily basis and put the safety of others before themselves in order to protect America but when service comes to an end and they return to civilian life, the transition can be jarring.

Beatty Advisory Board deals with trails, racing, blue light

There will be no informal election to choose appointees to the Beatty Town Advisory Board. Randy Reed and Erika Gerling, whose terms expire at the end of the year, were the only people to submit letters of interest, so the Board voted, at their Nov. 22 meeting, to forward their names to the Board of County Commissioners for reappointment.

Pahrump Powwow showcases Native American culture

November is National Native American Heritage Month and there could be no better time in which to celebrate the vibrant culture of the country’s many Native American tribes.

Nye County commissioners push back on COVID, again

Like an array of other issues and topics, COVID-19 has proven to be a subject which serves as yet another wedge between an already divided America and in many cases, it’s pitting local, state and federal governments against one another in a bid to decide what is best for the communities they serve.

Pahrump businesswoman facing embezzlement charge

It appears that the COVID-19 outbreak in a roundabout way has led to the arrest of a Pahrump woman on an alleged embezzlement charge.

Community Christmas Tree Lighting set for Saturday in Pahrump

With Thanksgiving taking place tomorrow and Christmas coming right on its heels just one month later, that means it is time for many to start turning their attention to the most wonderful time of the year. In the Pahrump Valley, the start of the Christmas season is one that is greeted with joyful delight but it wouldn’t feel quite complete without what has become a beloved local tradition, the lighting of the Community Christmas Tree.

Photos with Santa set for next two weekends in Pahrump

In a perfect world, the comfort and security of a warm, soft bed is something that all children would enjoy, but the unfortunate reality is that the world is not perfect.