Figures released by the Nevada Gaming Control Board (NGCB) indicate that sportsbooks in Nevada have had their best year to date.
In 2018, Nevada’s 191 sports betting venues took over $5bn in sports bets setting a new record for the state.
Out of the $5bn wagered on sports, Nevada sportsbooks generated a total of $301m, setting a new record for the state’s sportsbooks.
This marks the ninth year in a row that the state’s sports betting handle has grown. In 2017 Nevada sportsbooks handled a total of $4.8bn in bets.
Diving deeper into the figures, football was the most popular sport to bet on. Bettors wagered about $1.8bn on football events and sportsbooks held on to $102.4m.
Basketball was the second most popular sport to bet on in Nevada with sportsbooks accepting $1.5bn in bets. out of those basketball bets, sportsbooks held onto $99.6m.
Baseball was the next sport of choice in 2018 with bettors wagering a total of $1bn on the sport. Baseball bets generated a total of $47.1m for Nevada sportsbooks.
Looking at December’s sports betting figures, sportsbooks in Nevada reported combined revenues of $44.1m, an improvement on November’s revenue of $27m.
The figures for sports betting in Nevada made up a small chunk of the state’s total gambling revenue which exceeded $11.9bn.