Contract deadline extended for parties to reach deal on horse racing
Nevada gaming commissioners hope a three-week cooling off period helps the state’s Off-Track Pari-Mutuel Wagering Committee and Las Vegas Dissemination Co. reach a deal on a contract.
The LVDC, owned by John Gaughan, provides pari-mutuel wagering and horse racing simulcasts to sports books statewide. The committee is given the authority by gaming regulators to negotiate a contract on behalf of all Nevada sports books.
If no deal is reached by Aug. 24, sports books statewide will stop accepting bets on horse races and replace simulcasts of races from tracks nationwide with other televised sporting events.