by Giovanni Shorter | Jul 1, 2021 10:55 am | Revenue
The Nevada Gaming Commission released its revenue report, showing that $477.2 million was wagered in May. This is a 4.9% increase month over month but sports betting revenue is slightly down. CARSON CITY, Nev. – Sports betting in Nevada continues to thrive, seeing...
by Jimmy Reinman | May 28, 2021 1:27 pm | Revenue
Nevada sports betting handle was reported down 29.1% in April from the month of March. The mass influx of March Madness betting combined with a thin sports schedule in April is likely to blame for the new figures. LAS VEGAS – The Nevada gambling industry reported its...
by Giovanni Shorter | May 14, 2021 2:12 pm | Sports Betting
PASPA was repealed on May 14, 2018. Since the repeal, multiple states and Washington DC have regulated sports betting markets. Sportsbooks like DraftKings have gone public on the NASDAQ. NEW YORK – The repeal of the Professional and Amateur Sports Protection Act...
by Giovanni Shorter | Apr 28, 2021 11:43 am | Revenue
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...
by Christina Monroe | Apr 14, 2021 3:15 pm | Regulatory
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 must be in before the...
