Gambling is legalized in Nevada.
Nevada ( ni-VA-d; Spanish: [neaa]) is a state in the Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the 7th-most extensive, the 32nd-most populous, and the 9th-least densely populated of the U.S. states. Nearly three-quarters of Nevada's people live in Clark County, which contains the Las VegasParadise metropolitan area, including three of the state's four largest incorporated cities. Nevada's capital is Carson City while the largest city is Las Vegas.
Nevada is officially known as the "Silver State" because of the importance of silver to its history and economy. It is also known as the "Battle Born State" because it achieved statehood during the Civil War (the words "Battle Born" also appear on its state flag); as the "Sagebrush State", for the native plant of the same name; and as the "Sage-hen State". The name means "snowy" in Spanish, referring to Nevada's small overlap with the Sierra Nevada mountain range; however, the rest of Nevada is largely desert and semi-arid, much of it within the Great Basin. Areas south of the Great Basin are within the Mojave Desert, while Lake Tahoe and the Sierra Nevada lie on the western edge. About 86% of the state's land is managed by various jurisdictions of the U.S. federal government, both civilian and military.American Indians of the Paiute, Shoshone, and Washoe tribes inhabited what is now Nevada. The first Europeans to explore the region were Spanish. They called the region Nevada (snowy) because of the snow which covered the mountains in winter similar to the Sierra Nevada in Spain. The area formed part of Alta California's territory within the Viceroyalty of New Spain, which gained independence as Mexico in 1821. The United States annexed the area in 1848 after its victory in the MexicanAmerican War, and it was incorporated as part of Utah Territory in 1850. The discovery of silver at the Comstock Lode in 1859 led to a population boom that became an impetus to the creation of Nevada Territory out of western Utah Territory in 1861. Nevada became the 36th state on October 31, 1864, as the second of two states added to the Union during the Civil War (the first being West Virginia).Nevada has a reputation for its libertarian laws. In 1940, with a population of just over 110,000 people, Nevada was by far the least-populated state, with less than half the population of the next least-populous state, Wyoming. However, legalized gambling and lenient marriage and divorce laws transformed Nevada into a major tourist destination in the 20th century. Nevada is the only U.S. state where prostitution is legal, though it is illegal in its most populated regions Clark County (Las Vegas), Washoe County (Reno) and Carson City (which, as an independent city, is not within the boundaries of any county). The tourism industry remains Nevada's largest employer, with mining continuing as a substantial sector of the economy: Nevada is the fourth-largest producer of gold in the world. Nevada is the driest state, and over time and influenced by climate change, droughts in Nevada have been increasing in frequency and severity, putting a further strain on Nevada's water security.
Gambling (also known as betting or gaming) is the wagering something of value ("the stakes") on an event with an uncertain outcome with the intent of winning something else of value. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season.
The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; i.e., a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not universally observed in the English-speaking world. For instance, in the United Kingdom, the regulator of gambling activities is called the Gambling Commission (not the Gaming Commission). The word gaming is used more frequently since the rise of computer and video games to describe activities that do not necessarily involve wagering, especially online gaming, with the new usage still not having displaced the old usage as the primary definition in common dictionaries. "Gaming" has also been used to circumvent laws against "gambling". The media and others have used one term or the other to frame conversations around the subjects, resulting in a shift of perceptions among their audiences.Gambling is also a major international commercial activity, with the legal gambling market totaling an estimated $335 billion in 2009. In other forms, gambling can be conducted with materials that have a value, but are not real money. For example, players of marbles games might wager marbles, and likewise games of Pogs or Magic: The Gathering can be played with the collectible game pieces (respectively, small discs and trading cards) as stakes, resulting in a meta-game regarding the value of a player's collection of pieces.