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Nevada Sports Betting Win Breaks Record

Silver State Sports Books Took In $571 Million In Wagers In September

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September 2018 will go down as the most profitable month of sports wagering in Nevada history, according to the Nevada Gaming Control, which released September revenue numbers yesterday.

Nevada sports books took in $571 million in wagers and won $56.3 off those bets last month. This is the most money both bet and lost by sports betting customers since the Silver State began tracking monthly totals 34 years ago.

The most money wagered in the state prior to September 2018 was the $565 million in wagers placed by bettors in October 2017.

Football betting juiced the record numbers. NFL and college football wagers comprised 68.1% of the total wagers for the month. The 2018 NFL season began September 6 and, over the course of the month, bettors lost more than $44 million on professional and college football wagers.

Five states have legalized sports books since the U.S. Supreme Court struck down the 1992 Professional and Amateur Sports Protection Act in May 2018. The law, known as PASPA, banned most states from authorizing sports gambling.

September was also a strong month for New Jersey, which posted a $184 million handle in September. Delaware, Mississippi, West Virginia, and, recent sports betting entry New Mexico have also legalized sports books since the May ruling.

Nevada’s $56.3 million win is $3.3 million more than the prior monthly record (September 2012). and The $571 million wagered eclipsed last October’s historical high mark of $565 million.