The Nevada Gaming Control Board has released the statewide gaming data for August, and it would appear that Nevada sportsbooks didn’t exactly hit the ground running this football season.
Overall handle was a healthy $431.3 million, a 5.7 percent month-over-month increase, but profits amounted to just $18.1 million, which is a 24.8 percent slide month-over-month and a 12.7 percent decrease from the same period last year.
Of the total handle, a whopping 73.4 percent came via mobile betting sites. Bookmakers shelled out $1.2 million in state taxes, compared to $1.7 million in July.
Given that football was just starting out at the time, it’s no surprise that baseball was still the top sport for August based on handle, accounting for $272 million in wagers and $9.5 million in revenue.
The few football games that were played amounted for $52.1 million in handle and $5.1 million in revenue.
Basketball and hockey cost books over $1 million but the other available sports, such as MMA, boxing and tennis, brought in revenues of $8.8 million.
