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Monthly sports betting revenue in Nevada 2019 | Statista

16th December, 12:59

Sports betting revenue in Nevada from June 2018 to October 2019, by month (in million U.S. dollars) Land-based sports betting has been legal in the U.S. state of Nevada since 1949. When the Professional and Amateur Sports Protection Act (PASPA) was passed by Congress in 1992, Nevada was handed a legal monopoly on single-game wagering in the United States. Meaning that for decades it was possible to play college sports betting, MLB sports betting, NBA sports betting, and live and off-track horse betting in the state. Nowadays, sports betting has also been legalized in other U.S. states, however, Nevada still accounts for a sizable portion of the nationwide sports betting revenue. In October 2019, Nevada generated a total revenue of 47.89 million U.S. dollars from sports betting, down from the previous month's total of 52.07 million U.S. dollars.