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Current as of January 01, 2025 | Updated by Findlaw Staff
“Cashless wagering system” means a method of wagering and accounting:
1. In which the validity and value of a wagering instrument or wagering credits are determined, monitored and retained by a computer that maintains a record of each transaction involving the wagering instrument or wagering credits, exclusive of the game or gaming device on which wagers are being made. The term includes computerized systems which facilitate electronic transfers of money directly to or from a game or gaming device; or
2. Used in a race book or sports pool in which the validity and value of a wagering instrument or wagering credits are determined, monitored and retained on a computer that maintains a record of each transaction involving the wagering instrument or wagering credits.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 41. Gaming; Horse Racing; Sporting Events § 463.014. “Cashless wagering system” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-41-gaming-horse-racing-sporting-events/nv-rev-st-463-014/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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