Nevada Sportsbooks Dip In August Revenue, Handle

Summarized by: Live Sports Direct
 
Nevada Sportsbooks Dip In August Revenue, Handle

Nevada sportsbooks produced $409 million in handle during the month of August. That's down 2.5% from July and 4.3% compared to August 2021.

Nevada sportsbooks lost $423,000 on NFL bets during August. They made $13 million on MLB bets. NBA and NHL books lost more than $1.2 million each.

Nevada sportsbooks had a decline in August revenue, but still had respectable handle. New York and New Jersey had higher sports betting handle than Nevada in the same month.

Nevada Sportsbooks had a dip in August revenue. October brings MLB playoffs and the start of NBA and NHL regular seasons. Nevada reached more than $1 billion in sports betting handle from Oct. 2021-Jan. 2022. Las Vegas will host the Pro Bowl Games on Feb. 5, 2023.