Nevada regulators consider charity, nonprofit lottery rules
LAS VEGAS (AP) — Nevada gambling regulators are close to amending rules for charity lotteries and games conducted by nonprofit organizations, amid questions about their effect on the charity wing of the NHL’s Vegas Golden Knights.
The Las Vegas Review-Journal reports the Nevada Gaming Commission on Thursday deferred action on regulatory changes required as a result of a state law passed last spring.
The Legislature said the commission should adopt regulations and fees, and register organizations that operate a charitable game or lottery.
Board Chairwoman Sandra Morgan says the changes are needed following the arrival of major-league sports in Las Vegas.
Commissioners clarified that a $500,000 limit on the amount that nonprofits could raise applied to the maximum prize allowable to game participants, not a cap on the amount that a charity could raise.
Information from: Las Vegas Review-Journal, http://www.lvrj.com