Nevada is the nation’s legacy sports betting state, even as its prominence in the national landscape has diminished as legal sports betting has spread to almost 40 states and Washington, D.C.
But the state hasn’t cashed in its chips.
Nevada sportsbooks have produced 12-month revenue records in each of the last four years, led by nearly $482.1 million in 2024. Through May, the state’s sportsbooks have collected $225.4 million in revenue, up almost 8 percent from a year ago.
However, that’s just a drop in the bucket nationally. According to the American Gaming Association, nationwide sports betting revenue was $13.7 billion in 2024, a 25 percent increase from 2023.
