Nevada’s Sports Betting Handle In October Reached $660 Million

Nevada Sports Betting Revenue

Nevada had a record-breaking month in sports betting handle for the state with $660 million in wagers. They lagged 18% behind the national record for handle of $803 million that is held by New Jersey. LAS VEGAS – Nevada posted their October sports betting numbers, … Read more

Why Didn’t Nevada Report Sports Betting Revenues In April?

Las Vegas Sportsbook

Nevada redacted online sports betting and poker revenues from its April gaming revenue report. This was done in accordance with a state law protecting the privacy of individual companies’ finances—World Series of Poker was the only online poker company to report revenue. Total online gaming … Read more

Esports Betting Continues To Rise During Coronavirus Pandemic

Esports

Sportsbooks are starting to take more action on esports matches. Nevada Gaming Control Board is approving pre-match odds on Counter-Strike: Global Offensive matches. Sportsbooks will struggle to survive the summer if sports do not resume regular play soon. LAS VEGAS – In a world where … Read more

Counter-Strike Betting Approved On Las Vegas Online Sportsbooks

Counter-Strike

Retail sportsbooks in Las Vegas have closed to help prevent the spread of coronavirus. The Nevada Gaming Control Board has approved for betting on Counter-Strike in the meantime. There are three types of betting options for bettors to choose from when betting at Nevada books. … Read more

Coronavirus Causes Mass Basketball Tournament Cancellations

All NCAA Conference Tournaments Canceled

14 basketball conferences announced today that they would be canceling basketball championship tournaments, effective immediately. These cancellations included all power conferences: the ACC, Big 12, Big East, Big Ten, Pac-12 and SEC. Some conferences, including the SEC and Pac-12, have announced additional restrictions on athletic … Read more

Nevada Handles Record $5.3 Billion In 2019 Sports Wagers

Nevada's 2019 Sports Betting Revenue

Nevada’s sports gambling industry remains the largest in the United States. Despite fears about competitive sports betting markets in other states, Nevada experienced record revenues. New Jersey sports betting may surpass Nevada in 2020, but Nevada should still see continued growth. LAS VEGAS – On … Read more

Baseball Betting Continues To Dominate Nevada Sportsbooks

Baseball Betting Dominates At Nevada Sportsbooks

June’s betting handle of $322 million sets a new record for June sports betting in Nevada. Baseball betting in Nevada during June accounted for 70% of the monthly sportsbook revenue. Sportsbooks in Nevada have failed to contribute more than $1.5 million to the state in … Read more

New Jersey Outshined Nevada In Sports Betting Handle, Revenue, And Taxes

New-Jersey-Sports-Betting

Since PASPA was repealed, over $9 billion has been wagered at legal, state-licensed sportsbooks. Nevada has seen New Jersey take in more revenue in three of the first twelve months of post-PASPA sports betting. Every state (except New Jersey and Pennsylvania) posted their lowest betting … Read more

Nevada Declines MLB Request To Ban Spring Training Betting

mlb_spring-training

LAS VEGAS – Major League Baseball is doubling down on its “integrity” strategy as Spring Training gets underway, asking the Nevada Gaming Control Board (NGCB) to pull the plug on all wagers being offered on its preseason contests. The NGCB, however, declined to stop state … Read more