Sports authorities in Nevada endorse Boomer's Sportsbook, preparing for its launch on August 1st
In an industry where regulation and consumer protection are paramount, Joe Asher, a Gambling Hall of Famer, has taken a firm stance on the importance of state-regulated gambling. As the head of Boomer's Sportsbook, the only independent operator in Nevada, Asher believes that all forms of gambling should be regulated, ideally at the state level.
Asher's opposition to unregulated gambling extends to prediction markets that operate under the Commodity Futures Trading Commission (CFTC), which he views as effectively unregulated gambling that conflicts with the traditional U.S. policy of state regulation. He argues that allowing these federally overseen prediction markets to coexist with state gaming laws "doesn't make much sense" and strongly objects to any form of unregulated or federally regulated gambling as "antithetical to the public interest."
This stance is reflective of Asher's long-standing industry experience and personal commitment to responsible gambling regulation, shaped in part by witnessing gambling-related harm personally. He notes the incongruity between CFTC-approved betting and the Supreme Court's 2018 PASPA ruling, suggesting it would have been surprising to the Court’s Chief Justice that sports betting had arguably been legal under the CFTC's oversight all along.
In Nevada, Asher supports the Nevada Gaming Commission’s in-person registration requirement for mobile sports betting. He endorses this rule as beneficial for his sportsbook business and for the broader Nevada gaming ecosystem by encouraging in-person casino visits and related revenues.
The launch of Boomer's Sportsbook is imminent, with Ellis Island just off the Strip and Casino Valle Verde in Henderson set to host the sportsbook a few days later. Bettors will be able to access Boomer's Sportsbook statewide via a mobile app, with the sportsbook expected to launch at The Commercial in Elko on August 1.
Asher's sportsbook will also be the first to host race horse betting in Nevada without the need for a licensed disseminator, thanks to a recent change in Nevada law. This change will make hosting race horse betting more profitable, eliminating the artificially high cost structure created by the requirement for a licensed disseminator.
Boomer's Sportsbook is not the only venture owned by Garry Ellis, who has agreements with William Hill. Asher's impeccable reputation in the sports betting industry, coupled with his advocacy for state regulation, positions him as a leader in the field. His commitment to responsible gambling regulation is commendable and serves as a model for others in the industry.
- Joe Asher, a Gambling Hall of Famer, advocates for state-regulated gambling in all its forms, including casino-games and sports-betting.
- Asher's opposition to unregulated gambling extends to prediction markets, viewing CFTC-approved betting as a form of effectively unregulated gambling.
- He argues that the coexistence of federally overseen prediction markets with state gaming laws does not make much sense and is antithetical to the public interest.
- Asher supports the Nevada Gaming Commission’s in-person registration requirement for mobile sports betting, viewing it as beneficial for his sportsbook business and the broader Nevada gaming ecosystem.
- Boomer's Sportsbook, headed by Asher, is set to launch with Ellis Island and Casino Valle Verde hosting the sportsbook, followed by The Commercial in Elko.
- The launch of Boomer's Sportsbook will also mark the first time race horse betting can be hosted in Nevada without the need for a licensed disseminator, making it more profitable.
- Asher's sportsbook will be the first to host race horse betting without the need for a licensed disseminator, thanks to a recent change in Nevada law.
- Garry Ellis, who has agreements with William Hill, owns Boomer's Sportsbook, and Asher's impeccable reputation and advocacy for state regulation position him as a leader in the sports betting industry.
- His commitment to responsible gambling regulation, shaped by personal experience with gambling-related harm, serves as a model for others in the industry.
- The sports Asher's sportsbook will offer for betting include football, NFL, baseball, MLB, hockey, NHL, golf, tennis, sports-analysis, auto-racing, mixed-martial-arts, grand-prix, and horse-racing.
