In a unanimous vote, the Nevada Gaming Commission has approved the licensure of Sanderina to provide daily fantasy sports (DFS) contests to all major casinos in the state.
Under the terms of the agreement, casinos in Nevada will soon be able to subscribe to Sanderina’s USFantasy platform through a licensed supplier, which will distribute the contests to race and sports books within Nevada casinos.
Daily Fantasy Sports is a relatively new sports system that essentially blends sports betting with elements of traditional fantasy sports contests.
“We will begin operations in August with daily fantasy professional baseball and then football and continue with a library of over 11,000 different events annually,” said Vic Salerno, president and founder of Sanderina.
The USFantasy platform utilises a pari-mutuel system, which Henderson-based Sanderina says creates a “fair and transparent” environment for its customers. Contestants will have the chance to win a $1m (E900,000) prize in a weekly professional American football contest, the company said.
“We are actively working with the legislative and regulatory bodies of several states to propose the adoption of the USFantasy platform as a turnkey way to regulate, provide tax revenue and offer a fair platform for fantasy sports through casinos, racetracks and lotteries, where legal,” Salerno said.
“People enjoy DFS because it is exciting and can be financially rewarding. We believe that USFantasy has developed a great contest format that will appeal to all levels of contestants, from novice to skilled.”