A meeting of the Nevada Gaming Commission on Thursday has seen cashless gaming regulations change across the state. Indeed, this meeting saw the commission approve a petition put forward by the cashless gaming company Sightline Payments.
Following this approval, Nevada casino patrons will now be able to create, verify and fund their cashless wagering accounts remotely across the state.
Specifically, the new legislation allows Nevada casino goers to create their wagering accounts and verify their identities through the uploading of government-approved documents.
Sightline has worked to bring this change about due to delays and difficulties caused by the in-person verification system that has existed across the Battle Born State for so long.
Sightline Payments has vocally applauded the decision, with Omer Sattar, Co-CEO, stating: “We are grateful to the Nevada Gaming Commission for their unanimous support of this regulatory change allowing remote identity verification for wagering accounts in Nevada.
“Continuous innovation is critical to ensure Nevada remains at the forefront of gaming, and we could not do that without the support of our regulators. I would like to thank all the members of the Nevada Gaming Commission and Nevada Gaming Control Board for their efforts, and I would like to specifically thank Gaming Control Board Member Phil Katsaros, who was a champion of this change.”
Attempts to bring about this sea change began in late 2020. Subsequently, Sightline resubmitted its petition to modify Nevada Regulation 5.225 in September 2021 following successful launches of cashless gaming at Boyd Gaming’s Aliante Casino in North Las Vegas and Resorts World Las Vegas.
“This shift to allow for digital identity verification for wagering accounts allows Nevada’s gaming industry to leverage the best practices from across the financial services industry to enhance customer security and the customer experience,” added Jennifer Carleton, Sightline's Chief Legal Officer.
“Nevada’s new regulation is in line with federal guidance permitting both new verification methods including knowledge-based authentication, as well as traditional documentary measures such as a customer’s driver’s license or passport. We look forward to working with regulators in gaming jurisdictions across the country to advance similar regulatory innovation.”
