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twitterRegulators consider anti-monopoly rules
Friday, April 4, 2003 | 9:35 a.m.
The state Gaming Control Board, meeting Thursday in Carson City, discussed draft regulations that could prevent companies from owning more than 5 percent of casinos in the state and more than 50 percent of a local market area.
The draft has changed a few times. A previous version had called for companies to own no more than 15 percent statewide or 50 percent of a local market.
Under the original draft proposed last year, casino operators applying for additional licenses could control no more than 10 percent of the gambling market statewide, no more than 40 percent of the market countywide and no more than 60 percent of a distinct local market.
The board expects to hold another discussion of the draft regulations at its next meeting in Las Vegas. The rules would require approval from the Nevada Gaming Commission.
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