Tag: Nevada

New Law Prohibits Tourists From Stopping on Las Vegas Strip | Entrepreneur

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The Las Vegas Strip is changing as we know it.

A new ordinance was approved this week that will make stopping on the pedestrian bridges on the Strip a misdemeanor crime.

“The Pedestrian Flow Zone ordinance will help to ensure our world-class tourism destination remains a safe place for people to visit and transverse,” Clark County officials said in a statement. “Through this ordinance, to maintain the safe and continuous movement of pedestrian traffic, it is unlawful for any person to stop, stand, or engage in an activity that causes another person to stop or stand within any Pedestrian Flow Zone.”

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Nevada Says It Will Treat Daily Fantasy Sports Sites as Gambling | The New York Times

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Nevada regulators ruled on Thursday that playing daily fantasy sports should be considered gambling, not a game of skill, and ordered websites like DraftKings and FanDuel to stop operating immediately in the state until the companies and their employees receive state gambling licenses.

It is perhaps the most significant setback yet for a booming, unregulated industry that has spent the past two weeks in the midst of allegations that have prompted federal and state investigations into whether its employees, armed with inside information, exploited paying customers.

2015 DraftKings and FanDuel, each valued at more than $1 billion, have operated under an exemption to the Unlawful Internet Gambling Enforcement Act of 2006, which outlawed online poker and sports betting. Five states have prohibited them from operating, but none are as powerful and influential as Nevada, which has long been a bastion of legal gambling, operates under strict regulation, and has the nation’s only active sports betting.

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