The Nevada secretary of state and attorney general have received at least eight complaints about Reno-based Matt Stuart, 46, founder of Bettor Investments. Sports books are not required to check a manager’s ability to competently oversee money, according to Nevada law. Cathleen Allison/Las Vegas Review-JournalĪ man who ran one of the first sports betting mutual funds in Nevada had filed for personal bankuptcy twice before receiving permission to manage other people’s money. The Phoenix apartment complex, seen in Reno on Thursday, March 15, 2018.
Matt Stuart’s last known address is a 12-minute walk from the Atlantis Casino in Reno.