In the aftermath of the US Supreme Court ruling which clears the way for states to authorize and regulate wagering on sports other than horseracing, the ARCI will consider expanding its portfolio beyond wagering on pari-mutuel horse and greyhound contests to those involving human athletes and teams.
When it meets next Tuesday and Wednesday in Omaha, Nebraska, the ARCI Model Rules Committee will consider taking the first step in this direction by working on a set of model regulations based upon the existing sports betting rules currently in place in Nevada.
“Up until recently, except for Nevada, the only legal sports wagering authorized has been on horse or greyhound racing. The regulatory structure in place for these sports and the processing of wagers can easily be adopted to accommodate wagering on other sports,” ARCI President Ed Martin said.
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