For the longest time, this city enjoyed monopoly as then, it remained as the only one among US states to hold the authorized grant to conduct betting. This move made Nevada the 1 st ever US state that permitted sporting gaming, regulating it to take over from the organized-crime consortia that formerly run the show. The year 1949 saw Nevada legalize sports-betting, going in hard to include off track as well as live-horse wagering. Whenever you think of sports wagering in the US, it is hard to leave Nevada out of the picture, seeing as this state is the industry’s mecca.