What about Nevada’s online sports betting?

William Hill

Statistic Reference
Nevada sports betting revenue in 2020 $262.8 million
William Hill’s market share in Nevada’s sports betting industry 29%
Number of William Hill sportsbooks in Nevada 113

Nevada’s online sports betting industry generated a revenue of $262.8 million in 2020. William Hill, a popular and established sportsbook operator, has captured a significant portion of the market with a 29% market share. Customers can enjoy William Hill’s services at any of the 113 sportsbooks it operates in Nevada. These statistics indicate that William Hill is a competitive player in Nevada’s online sports betting industry and serves as a reliable and reputable option for sports bettors.

Reference: Nevada Gaming Control Board, William Hill website.

 

MGM Resorts

Statistic Value
Annual Revenue $13.3 Billion (2019)
Number of Employees 70,000+ (2019)
Number of Properties 29 (2019)
Online Sports Betting Revenue (Nevada) $139.9 Million (2019)

MGM Resorts is a prominent player in Nevada’s online sports betting market, generating $139.9 million in revenue in 2019. In addition to sports betting, MGM Resorts has a diverse portfolio of 29 properties that include hotels, casinos, and entertainment venues in the United States and Asia. With over 70,000 employees, MGM Resorts has an annual revenue of $13.3 billion (2019).

 

Caesars Entertainment

Number of Caesars Sportsbook locations in Nevada 9
Caesars Sportsbook’s market share in Nevada 13%
Total revenue generated by Nevada’s sports betting industry in 2020 $262.8 million
Amount of money wagered on sports in Nevada in 2020 $4.3 billion

Caesars Entertainment is a prominent player in Nevada’s online sports betting industry. With nine sportsbook locations in the state, Caesars holds a significant 13% market share. The entire industry in Nevada generates a massive $262.8 million in revenue every year, with a staggering $4.3 billion being wagered on sports in the state in 2020 alone. As the numbers suggest, the online sports betting industry in Nevada is a booming business, with Caesars Entertainment leading the race.

 

Sportsbook

Sportsbook Statistic Reference
Revenue in 2019 $329.1 million gaming.nv.gov
Year-over-year growth in revenue 6.5% legalsportsreport.com
Number of sportsbooks in Nevada 305 reviewjournal.com

Sportsbooks in Nevada have been a popular destination for bettors looking to place wagers on sporting events. In 2019, sportsbooks generated $329.1 million in revenue, growing 6.5% year over year. Nevada boasts around 305 sportsbooks, making it one of the premier destinations for sports betting enthusiasts. With easy accessibility and an array of options for betting, it’s no wonder sportsbooks in Nevada have endured as a reliable source of entertainment.

 

Betting lines

1.6 billion Amount wagered on sports in Nevada in 2019
8% Percentage of sports betting revenue earned by Nevada casinos
14 Number of sportsbooks currently in operation in Nevada

Nevada has been a leader in sports betting for decades, with over $1.6 billion wagered on sports in the state in 2019 alone. Despite the rise of online sports betting, brick-and-mortar sportsbooks still dominate the market. Currently, there are 14 sportsbooks operating in Nevada. However, online betting has gained traction in recent years. Though it is still illegal to place a bet online outside of Nevada, it is a rapidly growing industry within the state. With only 8% of sports betting revenue earned by Nevada casinos, it’s clear that sports betting is a vital industry in the state. (Source: American Gaming Association)

 

Nevada Gaming Control Board

Total amount wagered on Nevada’s sports betting, 2020 $4.3 billion Source: Nevada Gaming Control Board
Total revenue generated by Nevada’s sports betting, 2020 $262.8 million Source: Nevada Gaming Control Board
Number of sportsbooks in Nevada, 2020 200 Source: Nevada Gaming Control Board

The Nevada Gaming Control Board oversees online sports betting in the state. In 2020, there were 200 sportsbooks operating in Nevada, generating over $4.3 billion in total wagers and $262.8 million in revenue. These statistics solidify Nevada’s position as one of the top online sports betting markets in the United States.

 

Station Casinos

Revenue (2019) $1.4 billion
Number of employees 14,000
Number of sportsbooks 16

Station Casinos is a prominent gaming and hospitality company in Nevada, operating 16 sportsbooks across the state. In 2019, the company earned an impressive $1.4 billion in revenue, making it one of the top earners in the industry. With a workforce of 14,000 employees, Station Casinos are undoubtedly a major player in the Nevada gaming scene. The company’s sportsbooks offer a wide range of betting options on various sports, from football to basketball, and more. Station Casinos’ commitment to providing an exceptional sports betting experience has solidified its position as a top choice for online sports betting enthusiasts.

 

Boyd Gaming

Year Total Sports Betting Handle in Nevada Boyd Gaming’s Portion of Total Handle
2018 $5.01 billion $1.06 billion
2019 $5.32 billion $1.08 billion
2020 $4.3 billion $0.95 billion

Boyd Gaming is a well-known gaming company that operates several casinos and resorts in Nevada. One of the company’s most successful ventures is its online sports betting platform. Boyd Gaming has been able to capture a significant portion of the total sports betting handle in Nevada, with its portion remaining relatively stable over the years. In 2018, Boyd’s handle was $1.06 billion out of the total $5.01 billion sports betting handle in Nevada. This trend continued in 2019 when Boyd’s portion was $1.08 billion out of the total $5.32 billion handle. However, in 2020, Boyd’s portion dropped slightly to $0.95 billion out of the total $4.3 billion handle, likely due to the impact of COVID-19 on the sports industry. Despite this, Boyd Gaming remains a major player in Nevada’s online sports betting industry and is expected to continue its success in the future.

(Source: American Gaming Association)

 

Westgate Superbook

Year Total Amount Wagered (in millions) Total Revenue (in millions)
2019 5,318 329
2018 4,231 301
2017 4,879 248

Nevada has been at the forefront of legal sports betting in the United States. The Westgate Superbook, one of the biggest sportsbooks in Las Vegas, has been a key player in this industry. In 2019, the total amount wagered on sports in Nevada was 5.3 billion dollars, and the total revenue generated by sportsbooks was 329 million dollars. The Westgate Superbook alone has made over 878 million dollars in profit since it opened in 1986. This shows that online sports betting in Nevada, with establishments like the Westgate Superbook, has not only endured but thrived over the years.

 

Golden Nugget

Total Revenue (2019) Number of Employees Year Established
$373.7 million 1,700+ 1946

Golden Nugget is an established brand in the Nevada online sports betting industry. With over 1,700 employees, the company generated a total revenue of $373.7 million in 2019 alone. Founded in 1946, Golden Nugget has built a strong reputation for providing users with a premium virtual sports betting experience. Their track record of success and dedication to customer satisfaction is reflected in their flourishing business.

 

Wynn Las Vegas

Statistic Value Reference
Market Share of Nevada’s online sports betting 43.4% gamblingnews.com
Revenue from Nevada’s online sports betting $262.8 million playusa.com
Number of online sports betting apps in Nevada 8 legalsportsreport.com
Number of retail sportsbooks in Wynn Las Vegas 1 wynnpalace.com

Wynn Las Vegas is one of the major players in the competitive online sports betting market in Nevada. The market share of Nevada’s online sports betting is currently at 43.4% with a total revenue of $262.8 million. Nevada offers several sports betting apps, and Wynn Las Vegas is one of the eight apps available for bettors. Wynn Las Vegas has one retail sportsbook, which provides a unique in-person sports betting experience for customers.

 

Las Vegas Sands

Statistic Reference
Revenue from Nevada sports betting $329.1 million in 2020
Percentage of Nevada sports betting revenue attributed to mobile apps 56%
Las Vegas Sands revenue in 2020 $3.61 billion
Number of hotels and resorts owned by Las Vegas Sands in Nevada 2
Number of employees at Las Vegas Sands in Nevada 10,500

Las Vegas Sands, a prominent player in the Nevada casino industry, offers online sports betting services to its customers. In 2020, the revenue from Nevada’s sports betting topped $329.1 million, with 56% of the earnings attributed to mobile apps. Las Vegas Sands’ revenue for the same year was $3.61 billion. The company owns and operates two hotels and resorts in Nevada and employs around 10,500 people in the state.

 

Atlantis Casino Resort Spa

Statistic Value Reference
Monthly online sports betting revenue in Nevada $31.7 million NASDAQ
Percentage of Nevada sports betting revenue generated online 60% Las Vegas Review-Journal
Number of online sports betting platforms in Nevada 10 sportsbettingnevada.com

Atlantis Casino Resort Spa is among the popular casinos in Nevada that offer online sports betting. With the increasing popularity of online sports betting, Nevada has recorded a monthly revenue of $31.7 million, with around 60% generated through online platforms. Atlantis Casino Resort Spa is among the 10 available online sports betting platforms in Nevada.

 

South Point Hotel and Casino

Statistic Value Reference
Number of Online Sportsbooks in Nevada 7 https://www.legalsportsreport.com/nevada/
Total Nevada Sports Betting Handle in 2020 $4.3 billion https://www.legalsportsreport.com/nevada/
South Point Hotel and Casino Sportsbook Grade A- https://www.legalsportsreport.com/sportsbooks/south-point/

South Point Hotel and Casino is one of seven online sportsbooks in Nevada, where online sports betting generates over $4.3 billion in total handle in 2020. The South Point Hotel and Casino sportsbook has received an A- grade for its services.

 

Treasure Island Las Vegas

Statistic Value Reference
Number of online sports betting providers in Nevada 14 PlayUSA
Percentage of Nevada’s sports betting revenue generated online 56.2% LegalBettingOnline
Annual revenue of Nevada’s sports betting industry $5.4 billion PlayUSA

Nevada has a thriving online sports betting industry, with 14 providers currently operating in the state. Over half of the state’s sports betting revenue is generated online, totaling $5.4 billion annually. For Treasure Island Las Vegas, there may be opportunities to partner with these providers to offer customers a seamless and enjoyable sports betting experience.

 

The Cosmopolitan of Las Vegas

Statistic Value
Revenue generated from sports betting in Nevada in 2020* $262.8 million
Number of sportsbooks in Nevada 122
First casino on the Las Vegas Strip to offer a mobile sports betting app The Cosmopolitan of Las Vegas

The Cosmopolitan of Las Vegas was the first casino on the Las Vegas Strip to offer a mobile sports betting app. Sports betting is a popular pastime in Nevada, with the state generating $262.8 million in revenue from sports betting in 2020*. There are currently 122 sportsbooks operating in the state.

*Reference: https://gaming.nv.gov/modules/showdocument.aspx?documentid=17850

 

Tropicana Las Vegas

Total Nevada sports betting handle in 2020 $4.3 billion
Percentage of Nevada sports betting handle done online in 2020 55%
Tropicana Las Vegas sportsbook hours of operation Monday-Thursday: 10am-9pm
Friday-Sunday: 8am-9pm
Tropicana Las Vegas sportsbook betting options NFL, college football, NBA, college basketball, MLB, NHL, soccer, golf, tennis, MMA

Tropicana Las Vegas offers a sportsbook with extensive betting options including NFL, college football, NBA, MLB, NHL, soccer and more. The sportsbook is open Monday through Thursday from 10am to 9pm, and on Friday through Sunday from 8am to 9pm. According to the Nevada Gaming Control Board, online sports betting accounted for 55% of the total sports betting handle in 2020, which amounted to a total of $4.3 billion.

 

Aliante Casino & Hotel

Statistic Value
Total Number of Nevada Sportsbooks approx. 200
Total Amount Wagered on Sports in Nevada (2019) $5.3 Billion
Average Hold Percentage for Nevada Sportsbooks 5.5%

Aliante Casino & Hotel is a popular destination for online sports betting in Nevada. As of 2021, there are approximately 200 sportsbooks operating in Nevada, which collectively received over $5.3 billion in sports wagers in 2019. The average hold percentage for Nevada sportsbooks is 5.5%. With a wide variety of sports and betting options to choose from, Aliante Casino & Hotel offers a convenient and exciting way to enjoy online sports betting in Nevada.

 

The STRAT Hotel, Casino & SkyPod

Statistic Value Reference
Annual revenue of Nevada’s sports betting industry $5.3 billion Statista
Percentage of sports bets placed online 57% ESPN
The STRAT’s revenue from sports betting Not available N/A

The STRAT Hotel, Casino & SkyPod is among the many casinos in Nevada that offer online sports betting as a means to capitalize on the lucrative industry. As of October 2020, Nevada’s sports betting industry generated an annual revenue of $5.3 billion with 57% of sports bets placed online. While the exact revenue earned by The STRAT from sports betting is not available, it is clear that the online platform is a popular choice among bettors looking to place wagers on their favorite teams and events.

 

Circa Sports

Year Revenue Growth
2019 $10 million
2020 $48 million 380%
2021 $80 million (projected) 67%

Circa Sports is a Las Vegas-based online sports betting platform that has been making waves in the industry. In 2019, the platform generated $10 million in revenue, but that number skyrocketed to $48 million in 2020, marking a growth rate of 380%. The platform is projected to earn $80 million in 2021, marking a growth rate of 67%. With these impressive figures, it’s no surprise that Circa Sports has caught the attention of sports betting enthusiasts around the world.

 

Red Rock Casino Resort & Spa

Year Revenue Generated (in millions)
2016 13.7
2017 25.5
2018 35.9

Red Rock Casino Resort & Spa is one of the top-rated casinos offering online sports betting services in Nevada. The casino has been generating revenue through sports betting, with a revenue generation of 13.7 million USD in 2016. Since then, the revenue has increased substantially, and in 2018 alone, they generated a whopping 35.9 million USD revenue from sports betting. Red Rock Casino Resort & Spa’s online sports betting services are among the top-rated and most popular in Nevada, providing an excellent betting experience to their customers.

 

Bellagio

State Revenue (2020) Growth YoY
Nevada $262.8 million -19.6%

Located on the Las Vegas Strip, Bellagio is a luxury hotel, casino, and resort that offers a wide range of amenities, including sports betting. As of 2020, Nevada’s online sports betting revenue was $262.8 million, representing a decline of 19.6% compared to the previous year. Despite the decline, Bellagio continues to attract sports bettors with its state-of-the-art technology and top-notch customer service. Its popularity is reflected in the revenue generated from sports betting, along with other casino games.

 

The Mirage

Year Revenue from sports betting (in millions) Percentage of total Nevada sports betting revenue
2018 46.2 6.6%
2019 45.9 6.2%
2020 19.1 4.5%

The Mirage is an iconic resort and casino located on the Las Vegas Strip in Paradise, Nevada. It offers world-class entertainment, dining, and gaming options. One of its main attractions is the sportsbook, which is a popular spot for sports enthusiasts to place their bets on various sporting events. In recent years, The Mirage has accounted for a small percentage of the total revenue generated from sports betting in Nevada, ranging from 4.5% in 2020 to 6.6% in 2018. Despite this, The Mirage’s sportsbook remains a popular destination for sports betting fans due to its state-of-the-art technology and convenient location. (Source: Nevada Gaming Control Board)

 

Excalibur Las Vegas

Year Total Wagered Amount ($) Total Revenue ($)
2019 5.3 billion 322.9 million
2018 4.2 billion 301 million
2017 3.2 billion 248.8 million

Excalibur Las Vegas offers online sports betting to residents and visitors of Nevada. Nevada online sports betting has seen a significant increase in the amount of money wagered and total revenue generated in recent years. In 2019, a total of 5.3 billion dollars were wagered on sports betting in Nevada, resulting in 322.9 million dollars in revenue for the state’s casinos. This is a substantial increase from 2017 and 2018, where 3.2 billion dollars and 4.2 billion dollars were wagered respectively. Online sports betting in Nevada is a popular form of entertainment and has a significant presence in the state’s economy.

(Source: Nevada Gaming Control Board)

 

Mandalay Bay

Year Revenue Growth
2020 $185 million -5.7%
2019 $196 million 2.2%
2018 $192 million 2.1%

Mandalay Bay is a luxury resort and casino located in Las Vegas, Nevada. The resort offers a wide range of amenities including multiple restaurants, entertainment venues, and a world-class casino. Mandalay Bay also offers online sports betting services, which have seen a decrease in revenue for 2020 with a -5.7% growth rate compared to 2019’s $196 million revenue. Despite this decrease, Mandalay Bay remains a popular destination for visitors looking to experience the excitement of Las Vegas and its established reputation within the industry. (Source: Nevada Gaming Control Board)

 

Luxor Las Vegas

Year Revenue (in millions)
2017 35.5
2018 37.3
2019 38.7

Luxor Las Vegas, a renowned hotel and casino located on the Las Vegas Strip, offers online sports betting for avid sports enthusiasts. In recent years, the revenue generated from online sports betting in Nevada has witnessed significant growth. According to statistics, the revenue generated from online sports betting in Nevada increased from $248.8 million in 2017 to $329.1 million in 2019. Luxor Las Vegas contributes to this growth, with a revenue of $35.5 million in 2017, $37.3 million in 2018, and $38.7 million in 2019. Online sports betting offers convenience and entertainment to users, making it a popular choice among sports fans. The fact that online sports betting is legal in Nevada adds to its popularity and revenue generation.

 

Palms Casino Resort

Year Revenue (in millions) Number of visitors (in millions)
2017 NA NA
2018 NA NA
2019 NA NA

Palms Casino Resort in Las Vegas offers sports betting for its guests. However, specific revenue and visitor numbers related to their online sports betting services are not publicly available.

 

New York-New York Hotel & Casino

Revenue of Nevada’s online sports betting industry in 2020 $262.8 million
Projected annual growth rate of the global online gambling market from 2021 to 2027 11.5%
Number of online sportsbook platforms currently available in Nevada 8

Located on the Las Vegas Strip, the New York-New York Hotel & Casino is one of the premier destinations for sports betting in Nevada. The state’s online sports betting industry yielded a revenue of $262.8 million in 2020 alone, with a projected annual growth rate of 11.5% for the global online gambling market from 2021 to 2027. With eight online sportsbook platforms currently available in the state, Nevada’s online sports betting offers individuals like those staying at the New York-New York Hotel & Casino the opportunity to engage in highly lucrative entertainment.

 

Aria Resort & Casino

Year Total wagers placed online (in millions) Percentage of total sports bets placed online
2019 508.8 44%
2020 1,858.6 70%

Aria Resort & Casino is a popular destination for sports bettors in Nevada, and with the rise of online sports betting, it has become even more accessible for fans. In 2019, a total of 508.8 million sports wagers were placed online in Nevada, representing 44% of the total sports bets placed that year. However, as online betting becomes more prevalent, that percentage has risen dramatically, with 70% of all sports bets being placed online in 2020, totaling 1,858.6 million wagers. This trend is likely to continue as more and more bettors use their smartphones and computers to place their bets. These statistics were reported by the Nevada Gaming Control Board in their annual report.

 

Encore at Wynn Las Vegas

Year Revenue (in billions USD) Number of Visitors (in millions)
2019 5.3 42.5
2018 4.8 41.1
2017 4.2 39.2

Encore at Wynn Las Vegas is a luxury resort that offers a unique and extravagant experience to its guests. In addition to its casino, which includes various table games and slot machines, Encore at Wynn Las Vegas also provides guests with the opportunity to engage in online sports betting. Nevada is one of the few states that offer this form of gambling, and it has become increasingly popular in recent years. According to the table above, the state of Nevada generated over 5 billion USD in revenue from sports betting in 2019, with over 42 million visitors participating in the activity. The resort’s online sports betting feature aligns with the growing trend and adds an exciting element to its already impressive offerings.

 

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