However, the handle was down 32.5% from March. This represents a 28.1% year-over-year increase. May 27, 2022: Nevada’s sports betting handle in April hit a monthly record, totaling $582.5 million.June 30, 2022: Nevada sportsbooks take in about $27 million in revenue in May, which marks a 1% decrease from May 2021.These events allow sports bettors to take part in a multi-week competition to win up to $6 million. July 12, 2022: Circa Sports, one of Nevada’s mobile sportsbook operators, announces the return of Circa Million and Circa Survivor.August 3, 2022: FanDuel Sportsbook comes to Nevada in name only as it is announced as the new brand name for the sportsbook inside the downtown Fremont Hotel Casino with casino owner Boyd Gaming continuing to oversee sports betting operations.Here are some of the most recent updates regarding sports betting in Nevada. Originally legalizing sports betting in 1949, Nevada’s sports betting industry has long been one of the largest in the country and has continued to grow with the introduction of online sports betting in 2010. Nevada has an incredibly rich history surrounding sports betting and gambling. Regulators in Nevada have allowed bettors to place wagers on esports events since 2017, and the state is working to establish an official commission to govern esports separate and aside from traditional sports.Individuals can also place bets on sporting events at nearly 200 retail sports betting locations throughout Nevada, many of which are kiosks belonging to William Hill.To deposit funds when using an online sports betting app in Nevada, bettors either need to take a trip to a casino to make a deposit in person or use a third-party payment processor like Play+.This makes Nevada one of two states, alongside Illinois, to maintain this unique requirement.

While there are several online sportsbooks available in Nevada, the state requires bettors to register in person before being able to place bets online.STN Sports was the first sportsbook to go live in Nevada, and now the state is home to over a dozen active online sportsbooks.While the Professional and Amateur Sports Protection Act (PASPA) that was introduced in 1992 prohibited state-sanctioned sports betting, states like Nevada that already had statewide sports betting were exempt from this law.Sports betting has been legal in Nevada for several decades, and Nevada was the first state to begin accepting online sports bets in 2010.

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