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Nevada’s February Sports Betting Revenue Rises 16% YoY

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The Nevada Gaming Control Board reported monthly revenue of $47.9 million, up 16.1% year-over-year.

The 6.7% hold was up a tick from last February’s 6.3%, despite a 3.7% hold from the underdog Kansas City Chiefs’ win over the San Francisco 49ers in Super Bowl LVIII.

Meanwhile, hockey produced the highest hold at 10.4% and added $4.3 million of revenue, on a handle of nearly $42 million. Brick-and-mortar sportsbooks saw a 12% year-over-year and 5% month-over-month increase in handle, accounting for $288.4 million of total wagers and $24 million in revenue.

 

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