Nevada sportsbooks had record-breaking 2017
Both betting volume and revenue reached record figures for Nevada casino sportsbooks in 2017.
US.- 2017 was a great year for Nevada casino sportsbooks as they recorded record-breaking betting volume and revenue. According to the Nevada Gaming Control Board (NGCB) figures reported a major increase year-on-year, mainly thanks to american football and basketball wagers.
Sportsbooks overall revenue shot up 81.3 per cent year-on-year to US$34.5 million in December and contributed to accomplish a record US$248.8 million for the year. Meanwhile, total wagering handle reached US$4.87 billion and broke the previous record of US$4.51 billion in 2016, marking the eighth straight year of record handle.
In December, revenue was pushed by an improved betting volume and hold in multiple sports. Specially, american football betting revenue contributed as it shot up to US$23 million as football win hit an impressive 7.9 per cent, while basketball betting revenue was up 72 per cent to over US$11 million on a 7 per cent hold.