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    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.