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Add Sports Betting Action Decreases YoY in Nevada for Second Consecutive Month

Ricky Victor
2026-04-28 21:11:17 +02:00
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Sports-Betting-Action-Decreases-YoY-in-Nevada-for-Second-Consecutive-Month.md
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<br>A decline in sports betting action continued in the Silver State.<br>
<br>The Nevada Gaming Control Board reported that online and retail sportsbooks combined in April to generate $569.3 million in total wagers, down 27.4% compared to March and 4.8% from April 2023.<br>
<br>March’s handle was down 5.5% year-over-year as well. The NGCB claimed a Super Bowl-site hangover that month as high-valued guests didn’[t return](https://q8at.link/roxiesteinmetz) after [spending](https://openstudy.marble.oci.softex.uz/user/MavisKennemer9/) time in Las Vegas in February. There wasn’t a UFC event or [NCAA tournament](https://gabrielladesignco.com/2020/05/17/stop-and-smell-the-jasmine/6b5b5045-2954-4c4d-b1d2-e7724bd7702c/) games in town to draw a big crowd.<br>
<br>Did the hangover carry over to April? April revenue of $30.8 million rose 3.4% month-over-month but fell 5% year-over-year.<br>
<br>Nevada sports betting operators’ monthly hold of 5.41% was nearly identical compared to April 2023 and a touch higher than 5.3% from the previous month.<br>
<br>Bettors bash retail<br>
<br>It was again a rough month for retail sportsbooks as operators [produced](http://inoxworks.com/index.php?route=journal3/blog/post&journal_blog_post_id=11) a 3.5% hold on a handle of $179.2 million. Brick-and-mortar sportsbooks made $6.3 million of April’s total revenue.<br>
<br>However, March was worse. Retail produced a 1.4% hold in the previous month.<br>
<br>Online sports betting’s $389.8 million [handle accounted](https://diakov.net/user/MaxT9406412/) for 68.5% of the amount wagered and was down 1.4% . Mobile wagering produced a 6.3% win rate.<br>
<br>The Silver State hauled in a little more than $2 million in tax revenue.<br>
<br>Pigskin proves costly<br>
<br>[Football](http://xn--z69a76jm6yhwd.com/bbs/board.php?bo_table=board01&wr_id=1) is still draining sportsbooks’ revenue.<br>
<br>After paying out nearly $13 million to pigskin bettors in March, Nevada sports betting operators shelled out another $5.7 million in April on a handle of $2.4 million.<br>
<br>With [college basketball](https://www.mediterranea-traiteur.be/uncategorized/hello-world/) and the NBA regular season wrapping up and playoffs getting underway in April, the roundball sport [produced](https://fukuiyodoko.jp/2019/04/03/hpopen/) $13.3 million of revenue on a handle of $222.9 million.<br>
<br>[Baseball](https://best-cheap-3dprinters.com/upgrade-your-3d-for-advanced-functions/) gave [sportsbooks](https://www.zapztv.com/@markchestnut6?page=about) a solid month with $10.7 million of revenue on a handle of $188.9 million.<br>
<br>In a month when the [NHL playoffs](https://www.nationalbiketyres.co.uk/blog/another-blog-post) began, hockey had the highest hold of any individual sport at 10.4%. The [sport produced](http://topsite.otaku-attitude.net/index.php?a=stats&u=edgardomedina07) $5.7 million in revenue as the Vegas Golden [Knights](https://www.e-stroma.gr/journal3/blog/post?journal_blog_post_id=10) were knocked out in the first round of the Stanley Cup Playoffs.<br>