The ink wasn’t even dry on the U.S. Supreme Court’s 2018 ruling that opened the door for states to legalize sports betting when predictions began surfacing about the Nevada market’s expected tumble in rankings.
Six years later, Nevada is not even the leading sports betting state in the Southwest. That distinction now belongs to Arizona.
Just 32 months after Arizona sportsbooks launched sports betting, April marked the first month ever that they took in more wagers than their Nevada counterparts. Nevada sportsbooks took in almost $569.3 million in sports wagers through the month while Arizona operators booked $656.3 million in bets.
Eliers & Krejcik Gaming analyst Chris Krafcik said April’s results will be the new normal for Nevada.
