The Nevada Gaming Commission reported sports betting revenue totaling $64.7 million for January, as the house routed the public on football wagers.
Total revenue was up 28.4% compared to January 2023 despite a 16.3% dip in handle to $782.8 million. It was the fourth-highest amount of operator winnings in Silver State history in 68 months since sports betting expanded beyond Nevada’s borders. Revenue was also up 9.6% from December’s $59.1 million, and it was the sixth time overall that operators collected more than $60 million in monthly winnings.
A good deal of those winnings came via football bets, as the house posted a 10.9% hold on such wagers. Retail betting also provided a huge boost to the bottom line, as brick-and-mortar sportsbooks crafted a 12.6% win rate — their best since a 15.9% hold in September 2021.