X
    Categories: Gambling

Nevada’s Sportsbooks Handle Dropped To $4.3 Billion in 2020 From $5.3 Billion in 2019 Because Of Pandemic

By Alan Snel of LVSportsBiz.com

Nevada’s sportsbooks handled a total of $4.3 billion for 2020, including $588.4 million in sports wagers in December, according to state of Nevada Gaming Control Board numbers.

Take a look at the date supplied by Michael Lawton, senior research analyst for the state agency that regulates sports betting. You will notice the annual handle of $4.3 billion is a drop from the 2019 number of $5.3 billion in light of the pandemic knocking out chunks of the sports scene.

Dave Tuley, who does a nice job on following the beting numbers for VSiN, reported the Top 5 betting states for 2020:

1. $6.0 billion, New Jersey

2. $4.3 billion, Nevada

3. $3.5 billion, Pennsylvania

4. $1.8 billion, Indiana

5. $1.2 billion, Colorado


Alan Snel: Alan Snel brings decades of sports-business reporting experience to LVSportsBiz.com. Snel covered the business side of sports for the South Florida (Fort Lauderdale) Sun-Sentinel, the Tampa Tribune and Las Vegas Review-Journal. As a city hall beat reporter, Snel also covered stadium deals in Denver and Seattle. In 2000, Snel launched a sport-business website for FoxSports.com called FoxSportsBiz.com. After reporting sports-business for the RJ, Snel wrote hard-hitting stories on the Raiders stadium for the Desert Companion magazine in Las Vegas and The Nevada Independent. Snel is also one of the top bicycle advocates in the country.
Related Post