In June, Nevada sports betting handle dipped below $500 million for the first time since August 2021.
Nevada sportsbooks took $490.4 million in bets during the month of June, according to a Nevada Gaming Control Board report released Thursday. That is the lowest total since August 2021, when operators took $427.4 million in wagers.
The June handle is a 12.6% dip from May and a 10.1% decline from June 2021. Nevada’s all-time sports betting handle record is $1.1 billion in January.
Mature sports betting markets slowing down
Along with Nevada, New Jersey and Pennsylvania also experienced a year-over-year June drop after hitting all-time highs this winter. Those are three of the largest and most mature markets in US sports betting.