Nevada became the second state in July to clear $1 billion in total sports betting revenue in the post-PASPA era, months after New Jersey reached the benchmark. According to the numbers released Thursday by the Nevada Gaming Control Board, the state’s sportsbooks handled $409.7 million in July, down 24.9% from …
Nevada Becomes Second State to Clear $1B in Sports Betting Revenue Read More »
Nevada casinos recorded more than $1 billion for the fourth straight month in June, witnessing the first fourth-month streak of $1 billion since 2008. According to the Control Board Senior Research Analyst Michael Lawton, the Silver State last saw four straight billion-dollar revenue months thirteen years ago, from Jan. 2008 …
Nevada Casinos Report Highest Revenues Since 2008 Read More »
Nevada sports betting has gained some ground in May with a 4.9% rise in handle amid an uneven month, which brought ups and downs across other states. According to the latest numbers released by the Nevada Gaming Control Board (NGCB), the state’s sportsbooks reported $477.2 million in May handle, representing …
Nevada Sports Betting Handle Shows Steady Growth in May Read More »
Several Nevada casinos remain closed for more than a year and some may never open their doors to visitors despite the state’s full reopening on June 1. As of June 1, Gov. Steve Sisolak lifted all capacity limits and social distancing requirements in the Silver State. The state casinos had …
Several Nevada Casinos Remain Closed Despite Lifted Restrictions Read More »
A crazier March Madness catapulted Nevada sports betting handle to $641 million, the state’s third-highest monthly total in the post-PASPA era. March total was also a 15.7% increase from February’s handle of $554 million and a 354.2% rise in the year-over-year comparison. In March 2020, the month pandemic-led closures began …
Nevada Posts Third-Highest Sports Betting Handle Since PASPA Judgment Read More »
In what appears to be a continued sign of recovery, Nevada casinos saw more than $1 billion in winnings in March, the highest number since 2013. According to the report by the Nevada Gaming Control Board released Tuesday, March gaming revenue was $1.07 billion, up 72% in the year-over-year comparison. …
Bally’s Corporation has announced to purchase the Tropicana Las Vegas Hotel and Casino from Gaming and Leisure Properties, Inc. for $308 million. The transaction is expected to close early next year, subject to customary adjustments, regulatory approvals, and other requirements. According to the news release, the purchase price for the …
Bally’s Acquires Tropicana Las Vegas Hotel and Casino for $308M Read More »
The World Series of Poker (WSOP) has announced the return of the live, in-person World Series of Poker event this fall, pending regulatory approvals. The announcement made on April 1 stated that the event will run over a seven-week period between September 30 and November 23, 2021, at the Rio …
Nevada joined other sports betting states to record a below-average performance in February, with a handle dipping to $554 million, the lowest since August 2020. According to the official figures released Thursday by the Nevada Gaming Control Board (GCB), this represents a 14.3% decline from January’s $646.5 million. However, it …
Nevada Maintains 2nd Position in US Sports Betting Despite Dipping Handle Read More »
Following two consecutive declining months, Nevada sports betting posted its second-highest ever handle in January with $646.5 million. It was just the fourth time the Silver State crossed the $600 million, and just 2% less from the record handle set last October of $659 million. According to the report released …
Nevada Sports Betting Bounces Back with $646M Handle in January Read More »
