State’s sportsbooks won USD 15M in revenue
Nevada sports betting handle falls in April
According to official figures, handle remained relatively stagnant year-over year. Last April collected a total of USD 287M compared to the USD 292M made during the same month last year.
2017-06-02
Reading time 28 seg
According to official figures, handle remained relatively stagnant year-over year. Last April collected a total of USD 287M compared to the USD 292M made during the same month last year.
This result comes after March saw a record high, thanks largely to wagering on basketball, via bets on the NBA and NCAA.
Baseball and basketball — which account for most of the handle in the month — were both down in terms of volume:
- Baseball handle 2017: $119.5 million | 2016: $124.2 million
- Basketball handle 2017: $127.6 million | 2016: $130.5 million
The plateauing of sports betting in some months might be expected after explosive growth in the segment in recent years. In 2014, sports betting handle clocked in at just $206 million.
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