As United States gaming jurisdictions prepare for an expansion of sports wagering after the U.S. Supreme Court’s ruling on PASPA, now is the time to learn more about the market and its dynamics.
In this sense, the International Center for Gaming Regulation of the UNLV will provide a 3-day intensive seminar (July 25-27th) on the regulation of sports betting, returning to an in-person experience. This event falls under the ICGR’s Sports Wagering track of executive education seminars.
The new ‘Principles of Sports Wagering’ program will allow participants to get a broad and deep education in sports wagering public policy, trends, operations, and other aspects of the gaming industry. This event will start at approximately 9:00 am PT each day, and will take place at Stan Fulton Building, Las Vegas, NV 89154.
Although the program is primarily designed for gaming regulators from either commercial or tribal jurisdictions, including gaming agency staff, Board or Commission members, legislators, or policymakers, it is open to anyone with an interest in the impact of legalized sports betting.
MAIN TOPICS AND PARTNERS
Among the different contents the course includes, the following subjects can be mentioned: a) Current State of U.S. Sports Betting. An examination on the status of legislation, tax, licensing, and revenue projections across the U.S.; b) Federal Law Updates. Post PASPA, what federal laws affect your sports betting operation? How do you interpret the Wire Act, Illegal Gambling Business Act, and Unlawful Internet Gambling Enforcement Act?; c) Operational Models & Vendor Contracts. What do new and existing jurisdictions need to look out for when soliciting and negotiating contracts with vendors; d) Sports Betting Basics and Terminology. Handle, hold, over, under, vig, juice. Learn the basic terminology and common bets; e) Retail & Mobile Operations. Setting up your retail sportsbook, mobile and risk management; f) Sports Wagering Advertising/Marketing. A closer look at the controversies surrounding gambling advertising; g) Sports Wagering and Public Policy. Understand land and mobile sports betting, online gaming, and Esports regulatory issues; g) Economics, Integrity, and Legal Issues. Where does each dollar go that is wagered through a sportsbook? What are the largest cost centers for land-based and mobile sportsbooks?; h) Enforcement Issues. Study about regulatory enforcement, the role of law enforcement, administrative approvals, integrity and best practices; i) Sports Wagering & Responsible Gaming. Understanding the meaning behind terminology including problem gambling, responsible gambling and more. Besides, there will be a 2+ hour sportsbook tour, with Q & A and information session.
Educational partners that will participate on this seminar are Karl Bennison (former Chief of the Nevada Gaming Control Board’s Enforcement Division); Alan Feldman (Distinguished Fellow in Responsible Gaming for UNLV’s International Gaming Institute); Gregory Gemignani (attorney experienced on gaming and regulatory issues in dozens of jurisdictions); Rebecca (Becca) Giden (Director of Policy at Eilers and Krejcik Gaming); John Holden (Assistant Professor in the Department of Management in the Spears School of Business, Oklahoma State University); Steve Light (Professor of Political Science and Public Administration and Co-Director of the Institute for the Study of Tribal Gaming Law and Policy at the University of North Dakota); John Lukasik (former Director of Race, Sports & Esports at Caesars Entertainment Corporation), and Kathryn Rand (former Dean of the University of North Dakota School of Law. She has published more than 50 articles and co-authored three books on tribal gaming).