The Silver State benefitted from return of NFL and college football, as it saw $811.3 million in wagers for the month of September.
Silver State benefits from return of NFL and college football, sees $811.3 million in wagers for the month of September.Nobody was happier to see football return in September than Nevada’s legal sports betting operators.
The Silver State’s mobile and retail sportsbooks combined to bring in $811.3 million in wagers for the month, nearly doubling the handle from August and rising 6.6% from September 2022, aFootball’s handle of $510 million in September 2023 eclipsed the entire $431.3 million handle from all sports in August.
Behind a 7.7% hold, Nevada operators hauled in $62.3 million in revenue, the third highest all time. While that’s up 244% from August, revenue was actually down 11.8% year-over-year. The win rate rose nearly 3.5 points from the previous month. The Silver State collected $4.2 million in taxes from operators a month after bringing in $1.2 million. Nevada sportsbooks made out good in both football and baseball. The first month of NFL and college football generated $38.
With the MLB regular season wrapping up in September, baseball had the second-highest handle by sport at $188.5 million, and an 8.6% win rate brought in over $16 million in revenue. Basketball accounted for $13 million of the overall handle while hockey, which began in October, didn’t reach $700,000. The amount wagered on both of those sports will certainly change in the next month’s report, but they represented losses in September. If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.
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