Tuesday, Dec. 11, 2012 | 1:25 p.m.
CARSON CITY — The old Leroy’s race and sports book chain has agreed to pay a $25,815 fine to state gaming regulators for accepting bets on the 2012 Kentucky Derby at four of its locations without prior approval.
Leroy’s Horse and Sports Place admitted to the violations in a complaint filed by the state Gaming Control Board on Nov. 29. The settlement must still be approved by the state Gaming Commission.
The violations took place before the business was purchased by William Hill PLC.
Leroy’s reported to the board in May that it had accepted unauthorized bets on the Derby at the Colorado Bell in Laughlin, Hooters in Las Vegas, the Poker Palace in North Las Vegas and Stockmen’s in Elko. All are licensed for sports bets but not horse racing wagers.
The company said it has since developed internal procedures to ensure only licensed locations accept horse racing bets.
The $815 part of the fine beyond the $25,000 represents the profits gained from the Kentucky Derby at the four unlicensed locations.
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