..

Nevada Gaming Revenues Drop as Sports Betting Up, Colorado Governor Signs Off on Sports Betting Bill

Written by:
Gilbert Horowitz
Published on:
May/30/2019

Nevada gaming revenue was down 2% while revenue from sports betting was up sharply by 32% in the month of April.

*Free trial test drive
*Text or message 24/7
*Mobile friendly
*Live in-play betting
*Bitcoin, gift cards, credit cards accepted
*Fastest, sharpest lines in the industry
*No minimum number of players
*Unique betting options available
*Two software platforms available for use
Click here to visit PremierPerHead

The Gaming Control Board (NGCB) showed the largest drop (4%) in Clark County occurred on the famed Vegas Strip.

North Lake Tahoe, based in Washoe County, saw the biggest drop, falling 16% to $1.2m.

While twenty one blackjack led the way among casino games, raking in $83.7m in revenue, this was an 11% drop.

Baccarat followed, taking in $66.8m in revenue for the month.  This represented a 2% increase. 

The bright spots were sportsbooks, which generated $21.6m for April on a $328m handle.

More Top News

Public Weighs in on Massachusetts Sports Betting Bill
Mobile Sports Betting Live in PA
Rhode Island sports betting revenue for April highest to date
'Jeopardy!': James Holzhauer Wins 30th Game

Colorado Governor Signs Off on Sports Betting Bill

Colorado Governor Jared Polis has signed a bill authorizing sports betting to be permitted in the state, however, the measure must now be placed on a voter referendum this November.  This process all but ensures there won't be any sportsbooks in operation during the 2019 NFL regular season.  

HB19-1327 was only introduced on April 18 and approved in both the House and Senate.  It includes taxation of operators at 10%.

Should sports gambling become legalized, sports betting would only be permitted in the state's three existing casinos.  These casinos would also have the option to develop a mobile app that can be used anywhere within the state.

- Gilbert Horowitz, Gambling911.com

Gambling News

Switzerland Begins Blocking Access to Foreign Online Gambling Sites

Switzerland Begins Blocking Access to Foreign Online Gambling Sites

Switzerland will begin blocking access to foreign online gambling sites beginning July 1.

Gambling and Sports Betting News Wire - June 24 2019

Here are today's headlines in the world of gambling and sports betting as they happen - Monday June 24, 2019.

MGM Bounces Check for Winning Sports Bettor....Twice

MGM Bounces Check for Winning Sports Bettor....Twice

A San Diego man who placed bets in Las Vegas during March Madness looks like he may be getting paid by MGM after two previous checks bounced.

Five Biggest Surprises in the Regulated US Sports Betting Market So Far

Five Biggest Surprises in the Regulated US Sports Betting Market So Far

In May 2018 the US Supreme Court ruled to permit sports betting across the nation with most states required to amend their own laws.  Even today, the future of this emerging industry remains a great mystery.  It's been over a year now since the precedent setting decision and there have already been some pleasant - and not-so-pleasant - surprises.  Gambling911.com looks at the five biggest.

Gambling and Sports Betting News Wire - June 23 2019

Here are today's headlines in the world of gambling and sports betting as they happen - Sunday June 23, 2019.

Syndicate