Nevada sports betting revenue reaches $20.2m in January

Sports wagering revenue in Nevada climbed 36.0% year-on-year to $20.2m (£15.8m/€18.2m) in January, while statewide casino gaming revenue was also up 5.5% to $1.04bn.

Players spent a total of $502.5m, which was 1.1% more than $497.0m last year, but down from the $571.2m wagered in December. Sports betting revenue was also down by 44.5% from December 2019.

January’s figures marked the first time the Nevada Gaming Control Board broke out mobile revenue, which contributed $11.2m to the monthly total across all sports.

Looking at revenue by sport, basketball betting was the main source of income, with licensed operators taking in $12.5m in revenue during January. Football followed with $5.8m in revenue, boosted by the conclusion of the National Football League season, though hit by significant customer wins.

Read the full story on iGB North America.