Did you know that you can legally invest in sports betting funds based in the State of Nevada? In early June, Nevada issued a new law that allows sports books to accept wagers from business entities organized in Nevada, even if those entities are funded by individuals outside of the state. However, almost four months have passed without any action provided by these permitted sports betting investment funds.
The passing of new legislation geared toward legalizing these funds came with a bit of fanfare, but there has been little talk of developments ever since. However, behind the scenes, a few entities have been getting prepared for the day that sports books accept their deposits.
Full article:
http://www.forbes.com/sites/darrenheitner/2015/09/29/nevada-preps-for-creation-of-sports-betting-investment-funds/
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