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Nevada green-lights wagers on 2020 #1 overall NHL draft lottery pick

nevada-green-lights-wagers-on-2020-#1-overall-nhl-draft-lottery-pick

The Nevada Gaming Control Board granted approval Monday

Any additional wagers which deviate from the 2020 #1 overall NHL draft lottery pick for this event will require a separate application and approval.

United States |
07/29/2020

Approval has been granted for all licensed books that comply with a series of conditions, including the notification of terms via e-mail to the board’s Enforcement Division, that the results are based on a permissible source in accordance with regulations, and that the rules governing these wagers are made available to the public.

T

he Nevada Gaming Control Board released a statement Monday granting approval to offer wagers on the 2020 #1 overall National Hockey League (NHL) draft lottery pick, pursuant to the provisions of Regulation 22.1201.

The Board granted approval for all licensed books to post and accept wagers on the 2020 #1 overall

NHL draft lottery pick, subject to the following conditions:

  • Licensed books electing to offer these wagers must provide the Enforcement Division

    with notification of terms via email at [email protected].
  • The setting of odds is at the discretion of the book; rules governing these wagers shall

    be made available to the public.
  • Acceptance of wagers must cease prior to the start of the lottery.
  • The results shall be based on a permissible source in accordance with

    Regulation 22.060 (4).
  • All audit procedures detailed in Industry Letter 2011-48 must be adhered to.
  • Any additional wagers which deviate from the 2020 #1 overall NHL draft lottery pick for

    this event will require a separate application and approval.

The release was signed by Nevada Gaming Control Board members Sandra Morgan (Chairwoman), Terry Johnson (member) and Phil Katsaros (member), as well as Governor Steve Sisolak.

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