Gambling in the USA

Nevada posts record betting revenue

Published

6 years ago

November 2, 2018

Niji Narayan

Photo source: post-gazette.com

Reading Time: < 1 minute

Nevada witnessed a surge in sports betting revenue in September as the revenue reached $56.3m. It is the highest for a single month in the last six years. The previous best was the $53m in September 2012.

Revenue rose 27 per cent from August thanks to the start of the new NFL season, accounting for 10 per cent of total handle. The overall amount wagered also broke records at $571m—beating October 2017’s tally of $565m.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.