Nevada reports $72m in sports betting revenue for November
For the second straight month, the state has crossed the $1bn mark for sports betting handle.
US.- Nevada reported $72m in sports betting revenue for November on $1.086bn in bets. It’s the second straight month Nevada has crossed the $1bn mark for wagers with November’s handle just 1.3% lower than October’s.
Revenue was 16.4% over the previous record of $61.8m, which was set last November. Handle jumped 78.2% when comparing the same period.
Handle from mobile accounts was $777.2m, 71.6% of the total market. It was up 10.4% from October’s previous record of $703.8m. Mobile bets accounted for 71.6% of the overall November handle.
The total gaming win for November was $1.3bn.
Football was the most popular sport in the state, with $558.6m placed on NFL and college games, a decrease of 26% from the $729.3m bet during October.
The start of the college basketball season in November contributed to basketball taking in the second-highest handle. It reported $376.1m, a 110.9% increase from the $110.9m the sport took during October which marked the start of the NBA season.
