The Nevada Gaming Control Board has approved in a unanimous vote, the recommendation for licensure of Sanderina II, LLC d/b/a
USFantasy to provide a “menu of daily and weekly skilled fantasy sports contests” launching with the nation’s foremost professional sports leagues and organizations — the NFL, MLB, NBA, NASCAR, PGA, National Hockey League, and other international sports.
“The events will be offered utilizing a pari-mutuel system. Pari-mutuel, derived from the French term Pari mutual, means ‘wagering amongst ourselves,’ as opposed to wagering against the House,” reads an announcement from the USFantasy team.
With regard to the offering, we’re told consumers have much to gain from its establishment.
The USFantasy contest platform provides a level of consumer protections unparalleled in daily fantasy sports (DFS). Pari-mutuel systems are the original skilled selection platform for contestants to compete against one another in a fair, regulated and transparent environment.
Additionally, in a “pari-mutuel environment,” the consumer has a constantly updated, real-time view of the entire contest market.
“The consumer has immediate access to how much money is in the entire pool as well as how these monies are dispersed among the individual athlete in each contest in the form of current odds,” the company says. “This turn-key DFS solution can easily adapt with existing pari-mutuel regulations in forty-three states.”
“We thank the Nevada Gaming Control Board for this opportunity, and look forward to presenting our company to the Nevada Gaming
Commission. USFantasy hopes to provide our fantasy sports platform to every regulated racing and gaming jurisdiction in the United
States,” says Vic Salerno, a respected sports book operator and licensee.
To read the full statement from USF, click here.
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