Las Vegas gamblers may soon be able to bet on the Oscars, beauty pageants or make a host of other offbeat wagers, long the pandora bracelets domain of London's famously inventive bookies, who offer odds on everything from a chamilia jewelry White Christmas to which European country will be next in line for a bailout. America's gambling mecca is starting pandora bracelets out close to home, with the World Series of Poker. On pandora jewelry wholesale Wednesday, the Wynn Las Vegas became the city's first casino pandora bracelet to place odds on the tournament's nine finalists. A change in Nevada gambling regulations pandora bracelets this year allows the state's casinos to take bets on events and contests other pandora bracelet than horse racing and other sports. "This will open the door," said Johnny Avello, the director of the race and sports operations for the Wynn and Encore casinos. The new market is dawning at a time of rapid change pandora jewelry in the sports-betting field, which has long been viewed as a backwater in the gambling industry. Casinos traditionally have considered their sports-betting rooms, or "sports books," a way to lure customers through their doors, rather than a profit center. Lately, however, the growth in pandora beads sale sports betting has outpaced other forms of gambling. Nevada discount pandora bracelets casinos reaped $158 million in sports-betting revenues in the 12 months through May. Though that represented just 1.5% of their total gambling revenue for pandora beads the period, it was a nearly 8% increase from a year earlier, far exceeding the 1.3% growth in their overall gambling revenues. Now, new entrants including Cantor Gaming, a pandora beads subsidiary of New York investment bank Cantor Fitzgerald & Co., and William Hill PLC, a big London-based bookmaker, are vying to take over sports books in Las Vegas casinos and provide betting pandora silver bracelet options that are new to Nevada but common in Britain, where legal betting is widespread, such as betting on individual plays while a sports game is running. William Hill has agreed to buy pandora silver bracelet several companies that run sports books in Nevada and expects to receive its license to do so by next year. The company already takes bets in Britain on commodity prices, indices and currencies. Partly for pandora jewelry sale publicity and partly as a pandora bracelets revenue driver, it also churns out odds pandora charm for dozens of novelty bets, such as the singer of the next James Bond theme song (Adele is running 3-to-1 odds). Bookmakers generally try to limit their risk by changing the betting lines as bets pandora style beads are placed so that they have equal bets on both discount pandora beads sides. They earn money by charging a commission, also known as a vigorish. William Hill said wagers related to the royal wedding pandora bracelets sale attracted around $1 million in stakes, the largest among recent types of novelty bets. But Lyndsay Wright, director of pandora beads investor relations, said the company's plans for the U.S. are focused on more traditional pandora bead sports betting. Cantor Gaming Chief Executive Lee Amaitis, who was pandora beads involved in pushing for the Nevada law that led to this year's regulatory change, said Cantor is discount pandora bracelets hoping to offer year round betting on poker discount pandora beads tournaments. "It could be like beads for pandora horses, where you get to pick favorites and long shots," Mr. Amaitis said. "I think you pandora bracelets sale can build up momentum around that." Under the new Nevada rules, taking bets on a pandora bracelets wholesale new event requires the company involved to prepare a report that addresses, among other things, whether the outcome could be manipulated, and then submit it for approval by Nevada pandora jewelry retailers Gaming Control Board Chairman Mark Lipparelli. Mr. Lipparelli said it isn't chamilia bracelets certain what type of events will be pandora beads sale approved, though the regulations explicitly ban political elections and youth activities. He cited two pandora beads key criteria: "Can the event be effectively regulated, and does pandora beads wholesale someone have an advantage in knowing the outcome to give them an edge?" Mr. Lipparelli said he already has rejected two proposals, including a "talent competition," a category that includes TV shows such as "American Idol" and "Dancing with the Stars." Mr. Lipparelli said betting on such pandora charm competitions isn't likely to be approved. That's because he believes fans can vote as often as they want for their favorites, and there isn't a secure enough system for keeping the outcome secret. He said other events, such as awards shows, some beauty pageants and pandora beads sale financial-market moves are better candidates for wagering. Accounting firms pandora charm oversee voting for major award shows and pageants and keep chamilia beads the results confidential, he said. Similarly, financial markets are overseen by regulators. Several Nevada bookmakers said they still are discount pandora beads evaluating whether the logistical challenges of many new types of betting might outweigh the demand. In a two-day experiment by the Wynn pandora style beads earlier this month, 25 bets were placed on such questions as whether a pandora bracelets wholesale group of "new school" or "old school" poker stars chamilia beads would go farther in the World Series of Poker. The "old school" won, said the chamilia bracelets casino's Mr. Avello, though no one from either group retired pandora beads made it to the final table, where play will resume in November. "When I look at how much money we won, it was surprising for pandora beads wholesale just two days of action," said Mr. Avello, who declined to disclose the amount. Mr. Amaitis of Cantor Gaming said he is taking a cautious approach retired pandora beads to financial-market betting due to pandora charms concerns of running afoul financial-market regulators. "I'm going to take baby steps to a product I think can be extremely explosive to a marketplace, and I pandora charms want to make sure I do it correctly," he said.