Nevada retakes sportsbook crown with NFL’s return

31 October 2019

The start of the NFL season brought Nevada back to the top in sports betting as players wagered $546.4m (£421.2m/€488.6m) on sports in September, helping total gaming revenue climb 6.8% to $1.06bn.

The sportsbook handle exceeded New Jersey’s total of $445.6m, the first time since June that Nevada has led the way in terms of amounts wagered. The two states narrowly fell short of a combined $1bn on sports bets.

With the NFL’s return on 5 September and the first full month of collegiate games, American football dominated sportsbook revenue with $39.1m from a handle of $377.5m. Baseball was the next most popular sport, as bettors spent $122.4m on baseball bets, bringing in $7.6m for casinos.

Parlay cards were the most profitable type of sports bet for Nevada casinos, producing $5.4m in revenue from $11.7m of bets.

Read more on iGB North America.