The top athletes and sports teams from all parts of the world are flying to Rio de Janerio, Brazil to take part in the 2016 Rio Olympics, scheduled to begin August 5. The Nevada Gaming Control Board recently confirmed that its Sportsbooks will now be able to offer bets on selective sports and games at the 2016 Rio Olympics.
This news will come as a pleasant surprise to many bettors in Nevada as the state had banned all forms of betting on the Olympics during the last sixteen years after Sen. John McCain introduced the ban in 2001 to protect amateur Olympic athletes from being exploited by outside forces as the International Olympic Committee (IOC) was unable to do anything to address this unfair exploitation.
However sportsbooks directors in Nevada decided to push for the b…