The Nevada Gaming Control Board has released its latest monthly revenue report revealing that the state’s licensed sportsbooks accepted over $1.1 billion in wagers throughout the month of October.
Nevada Sports Betting Finally Breaks the $1 Billion Mark in October reached $787 million. Nevada Sports Betting Finally Breaks the $1 Billion Mark in OctoberThe latest report sees Nevada become the second state to record $1 billion in wagers in a single month. New Jersey had previously broke the $1 billion mark in both September and October of this year.
Nevada Sports Betting Finally Breaks the $1 Billion Mark in October operators won $48.3 million during October marking a 14% increase on the same period in 2020. Mobile sports betting was key to this increase accounting for 64% of the total handle.The state’s overall gaming revenue figures topped $1 billion for the eighth consecutive month as operators reported a combined win of $1.22 billion. This was an increase of 48.5% over the same period in 2020. Meanwhile, the Las Vegas Strip reported gaming revenue of $702.1 million for the month. Revenue for the same period in 2019 when casinos were operating at 100% capacity was $538.5 million.
Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.