US Fantasy Sports gets Nevada nod to marry fantasy with pari-mutuel betting

Nevada inched closer to getting its first licensed fantasy sports operator after regulators gave initial approval to the application of a Nevada hall of famer.

On Wednesday, the Nevada Gaming Control Board (GCB) unanimously approved the application of US Fantasy Sports (USF), the startup that’s looking to shake up the daily fantasy sports industry by marrying it with pari-mutuel pool betting.

The GCB’s approval of an off-track, pari-mutuel sports system operator’s license leaves only a nod from the Nevada Gaming Commission as the remaining regulatory obstacle in USF’s path. The site hopes to be up and running by late August, in time for the new NFL season.

USF is fronted by Vic Salerno, the chairman of William Hill US and a member of the American Gaming Association Hall of Fame. USF was the first operator to apply for a fantasy license after last October’s opinion by Nevada’s state attorney general that DFS operators required state pool betting licenses.