The Mayweather-McGregor fight boosted Nevada’s revenue

According to figures released by the Nevada Gaming Control Board, the US state posted a 15% year-on-year surge in gambling revenue during August, due in part to increased sports betting activity.

Overall gaming revenue in Nevada amounted to $989.5m (€841.1m) in August, up more than $120m on the $861.1m in the corresponding month last year.

The Strip area of Las Vegas experienced the largest growth, with revenue up by 21.35% year-on-year, although North Las Vegas, Laughlin, Boulder Strip and Mesquite also saw revenue climb in the month.

Analysts have put the impressive year-on-year growth down to a higher level of sports betting in the month, boosted by the high profile boxing match between professional boxer Floyd Mayweather and mixed martial arts fighter Conor McGregor.

The bout took place on August 26 at the T-Mobile Arena on the Las Vegas Strip, with Mayweather coming out on top.

However, despite the revenue figure representing a year-on-year increase, it is down on the $998m collected in July this year.