The Nevada Gaming Control Board reported Tuesday that sportsbooks across the state claimed nearly $62.3 million in adjusted gross revenue in September, the state’s third-highest total in the post-PASPA era.
With the start of the NFL season and college football shifting into high gear, a substantial increase in sports wagering action occurred both in Las Vegas and across the Silver State. A total of $811.2 million worth of wagers was accepted. That total narrowly missed landing in the top 10 all-time, but it was also the highest handle since $830.5 million was wagered in March. It was 6.6% higher than the $761.1 million in bets placed in September 2022.
Operators had a collective hold just shy of 7.7%, more than 1.4 percentage points above the previous 2023 high of 6.3% established in February. It was also the first time in 12 months the state win rate topped the industry standard of 7%.'Despite revenue topping $60 million for only the fourth time in 64 months of wagering in the post-PASPA era, it was still down 11.8% year-over-year.