Nevada set a new monthly record for sports betting handle in October, as total gaming revenue across the state grew 48.5% to $1.22bn.
The state’s betting handle easily eclipsed last month’s record of $787.6m. However, the figure fell short of the $1.30bn wagered in New Jersey in the same month, which remains the highest total ever wagered within a single state in a month.
However while handle was up 66.9% from October 2020’s then-record figure, betting revenue rose more modestly, by 14.0% to $48.3m.
Football accounted for the majority of the state’s betting revenue and handle, at $32.6m and $729.3m, respectively. Baseball followed with $4.2m while parlay cards brought in $4.3m.
Mobile betting brought in $16.9m of the state’s sports betting revenue, with players wagering $703.8m online.
Total gaming revenue for the state of Nevada came to $1.22bn, up 39.8% from October 2020.
Slots made up most of this total, bringing in $790.4m, 39.8% more than 2020, as players staked $11.69bn. Mu..