Nevada’s sportsbooks handled over $1.109 billion in sports bets in January, up 9.3% from December and 71.6% compared to January 2021. Despite these increases, Nevada’s sportsbooks posted their sixth consecutive month with a sub-par hold rate: if this trend continues, Nevada’s sports betting revenue may … Read more
More than $641 million was wagered on sports in Nevada for March. Most of the wagers came from college basketball betting during the March Madness Tournament. Nevada saw a 6.1% hold rate for sportsbooks equaling $39.3 million in revenue. CARSON CITY, Nev. – Nevada managed … Read more
Nevada will now allow prop bets on the MLB World Series MVP. Sportsbooks in Nevada will need to notify the Nevada Gaming Control Board’s Enforcement Division if they want to add the wager to their list for the series. The bets for the MVP award … Read more
February is a month that typically sees a drop in sports betting handle and revenue across the country because it is the shortest month of the year and Nevada can attest to that fact. Nevada had a lower handle and revenue reported in February 2021 … Read more
Sports betting handle in Nevada exploded for $609.5 million in November. Nevada sportsbooks collected a record $61.8 million in revenue. The state saw $4.2 million in tax revenue. CARSON CITY, Nev. – Nevada has continued to see major success in the sports betting arena, with … Read more
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
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
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
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
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’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
Nevada sportsbooks saw year-over-year improvements in the months of June and July combined. Over $10 million was kept by sportsbooks in Nevada as revenue before tax contributions for July 2019. Nevada is on pace to break records set last year, as their 2019 betting handle … Read more