Nevada Sports Betting Handle and Revenue Goes Down This February
January was a good month for the sports betting industry in Nevada. The state had $646.5 million in total betting handle, with a revenue of $31.846 million. However, the numbers for February are less than its previous month. The Nevada sports betting handle and revenue goes down in the second month of the year.
While a usual occurrence, the decrease in sports betting activity in the state is still better than the previous year. February’s betting handle is $554 million, which is 12.7% higher than February of the previous year at $491.7 million. And as you would see in gambling industry news, the dip in handle is nothing to worry about this time of the year. Especially if there is good year-on-year growth.
Nevada Sports Betting Handle and Revenue
The revenue for the state for February is also lower than the previous month. February’s revenue is at $31.846 million, down 39.2% from January’s $52.381 million. For those who want to know how to be a bookie from home, it is worth noting that the most popular sports people bet on are basketball, both NBA and college basketball ($325.93 million), Football ($133.65 million), and Hockey ($39.53 million). Meanwhile, wagers under the “other” category come in at $53.79 million.
Meanwhile, mobile betting is also down by 14% in the state. From January’s $363.679 million, February’s mobile handle is only at $316.347 million. Mobile sports betting takes up 57.1% of the total handle, which is lower than other states such as Pennsylvania or New Jersey. Nevada still requires in-person registration for online sports betting, something that is known to hinder the growth of online betting. For many who want to get into the sportsbook industry, easy access to an online sportsbook is a must. Here are some bookie pay per head reviews to help you find the best ones for you.
