Tuesday, January 4, 2022

Media Man Gaming Blog update: November Best Month Ever for Nevada Sports Betting

November Best Month Ever for Nevada Sports Betting


November 2021 was the most lucrative month ever for the Silver State.  An impressive milestone considering how long Nevada has offered the activity compared to other states, which only began offering sports gambling following a US Supreme Court decision in 2018.

Nevada sportsbooks won a net $71.9 million in November, shattering the previous record win for a month by more than $11 million (November 2020).

Underdogs covered the spread in 60.4% of November games, helping to contribute to the sportsbooks bottom line. The books finished up $53.1 million on football bets for both professional and collegiate during the month.  Approximately $1.1 billion was bet during this time.

It is the second-straight month that the state has eclipsed $1 billion in wagers.

Unlike most US states, Nevada requires all mobile users to register in-person as opposed to remotely from their homes or businesses.

(Gambling911)