Nevada regulator unanimously approves changes to casino independent agent reporting
The amendment process is intended to cut down on licensee paperwork.
The Nevada Gaming Commission has voted in favor of changing the process for how casinos report on registered independent agents that bring high-rolling gamblers to resorts around the state.
The vote to approve amendments to Regulation 25, which deals with independent agents, was passed unanimously and did not involve much discussion.
Prior to the approved change, licensees submitted annual reports to the Gaming Control Board regarding the activity of their independent agents.
The new process will require licensees to keep records of their agents. This information must be available for board officials to inspect during audits.
More specifically, these records must indicate when agents entered their contracts, when those contracts ended and how much agents were paid. Agent files must be kept for five years, according to the new rules.
The move to approve amendments to the current process comes from state government agencies wanting to streamline the regulatory process and cut down on the paperwork businesses need to submit.
In other state news, Las Vegas Culinary Union workers recently signed a tentative deal with the Downtown Grand Hotel & Casino. The Culinary Union Local 226 reached an agreement on a five-year contract for its 200 casino workers and said the deal was “the best contract ever.”
Along with reaching an agreement with Downtown Grand Hotel & Casino, Local 226 successfully negotiated tentative deals with all other remaining Las Vegas Strip casinos except for one.
The union, along with the associated Bartenders Local 165, said it would give off-Strip resort Virgin Las Vegas more time to reach an agreement “as negotiations continue to progress.”
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