By The Weekly Edge desk ·
GRAI and the Nevada Gaming Control Board signed a cooperation memorandum, CDC Gaming reported. The agreement establishes cooperation between the gambling regulators after GRAI became operational earlier in the year.
The memorandum establishes a cooperation framework between the two gambling regulators.
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Nevada operators and equipment suppliers have until 15 November to comment on proposed technical standards for gaming equipment and systems.
The proposed standards would consolidate technical guidance for gaming equipment and systems in Nevada.
The dispute could affect whether prediction market operators face state gambling laws alongside federal oversight.
The comments raise licensing and tribal-law questions for prediction-market operators and tribes considering agreements with them.
Nevada has no fallback plan if the Supreme Court sides with prediction market operators, leaving its stance uncertain.
Opposition from regulators and gaming executives highlights prediction market concerns alongside industry discussion of compliance, oversight and risk.