The power of superfight is well known in Las Vegas and the absence of one in August Nevada monthly income report.
Nevada sports betting brought over $ 12.6 million of income on better than $ 247.6 million in the sleeve in August. These figures were released Thursday by the Nevada Gaming Control Board.
Last year the Floyd Mayweather–Conor McGregor boxing match supercharged the state’s August totals. Nevada sports betting generated more than $ 30 million in turnover and more than $ 300 million in total bets.
Factor of a ESPN last year’s report that combat grip pegged to $ 65 million and it fits like a puzzle piece in 2018 earnings to match 2017.
August generally a precursor to the main fall season
The sports betting calendar begins to accelerate in August as football moves up the table as baseball’s pennant races intensify. They are nothing compared to a full month of football starting in September. But a strong August with a bit of sweetness left in the Las Vegas tourist market is not without meaning.
Last years August handle topped $ 300 million to set a new Nevada sportsbook record for the month. The previous record was just under $ 190 million.
The alignment of this month of August with last year is a disappointment. However, compare it to just two years ago and you will see lasting gains for Nevada sports betting. Of course, another big fight would help (and the September report will include the Canelo-GGG combat, so beware), but the gains that can be achieved without one are notable.
Distribution of sports betting income in Nevada
The start of the college season saw a strong performance for Nevada sports betting in the soccer category. Bets on football originated almost $ 39 million in paris and more than $ 6 million of income in a month with a light schedule.
These revenues come from a solid hold of more than 15 percent on football in Nevada sports betting. That’s been consecutive months over 15% on pigskin action for Silver State casinos.
The books have also benefited baseball to the tune of over $ 8.2 million on over $ 175 million in bets. An intake of around 4.7% also seems pretty reasonable. A full baseball roster combined with the same in football also tends to lead to September.
Combining the basketball and “other” categories, Nevada Sportsbook has won over $ 2.1 million out of over $ 29 million wagered. The WNBA playoffs represent the action of basketball, while others encompass hockey, golf, tennis, soccer, and auto racing.