Bettors in Nevada came out on top as sportsbooks lost $2.1 million during December, marking the first loss in 12 years for the NFL regular season.
Record December Loss for Nevada Operators Amid Increased Football Betting
December’s football losses were a result of a $16.7 million handle and a $1.1 million hit from parlays, as NFL favorites dominated.
Nevada Sportsbooks Struggle with Low 1.8% Win Rate and Drop in Revenue
Sportsbooks generated just $15 million іn revenue, a steep 75% drop from the previous year’s $44.1 million іn December.
Nevada Sportsbooks Show Recovery After November’s $67.5 Million Revenue
November saw a recovery for sportsbooks with $67.5 million in revenue, bouncing back from October’s low win rate.
Online Sportsbooks Dominate Nevada Market with $572.8 Million Handle
Online betting contributed to 69.8% of total wagers, with mobile revenue reaching $12.5 million for Nevada sportsbooks.
Basketball and Other Sports Boost Revenue Amid December Losses
Basketball led the charge with $14.9 million іn revenue, while hockey and other sports brought іn an additional $5.1 million.
