Nevada sportsbooks post record sports betting handle for June

Sportsbooks in the state of Nevada had their best June to date last month.

According to figures released by the Nevada Gaming Control Board (NGCB), sportsbooks in the Silver State took over $322m in sports wagers in June, making this Nevada’s best June to date.

June’s handle also pushes Nevada back in front of New Jersey. In May, the Garden State’s handle totalled $318m, just inching past the $317.3m wagered in Nevada. New Jersey’s sportsbooks took a total of $273m in bets last month.

Revenue, however, took a hit in June with Nevada’s sportsbooks holding onto $16.6m, a significant drop from the $20.2m generated in June 2018.

Baseball reigns supreme

Looking closer at the NGCB’s figures, baseball was the most popular sports amongst punters. According to the figures, over $208m was wagered on baseball events, generating $11.6m in revenue for Nevada books.

Basketball was the second most popular sport to bet on with bookies taking $51m in basketball bets. However, sportsbooks in the Silver State only held on to $946,000 of basketball wagers.

Punters in the state wagered over $60m on other sports, which include golf, hockey and tennis. Bookies held onto just $4.6m of the bets placed on these events.

A historic June

Historically, June has proven to be one of Nevada’s slower months. With very few noteworthy sporting events and the state’s sweltering summer temperatures both negatively contributing to the state’s visitation numbers.

However, Nevada’s figures for June 2019, mark the state’s best-ever June for sports betting with a total of $322m being wagered on sports.

In June 2018, Nevada books took $286.5m in sports wagers. The 2018 figures marked the second consecutive year-on-year decline in handle for the month of June after sportsbooks took $294.1m in bets in June 2017.

For an in-depth look at each state’s sports betting statistics visit the BettingUS stats page.

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