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The Nevada Gaming Control Board reported on Friday that Silver State sportsbooks cleared $64.5 million in January revenue, down 11.1% compared to the same month in 2025.
January was the most profitable month of 2025, so it’s not a big surprise that revenue dipped. This January also marked the third consecutive month with operator revenue above $60 million.
In a month dominated by the NFL postseason, online and retail sports betting profits came on a $795.2-million handle that was down just 0.2% from a year ago but up from December 2025’s $746.7 million. January’s 8.1% hold dropped a percentage point from the same month last year.
Nevada online sports betting, which requires in-person registration to use the mobile apps, generated a $562.5-million handle, a 5.4% increase. Mobile betting accounted for 70.7% of all wagers in the Silver State.
Sportsbooks in Clark County, which contains Las Vegas, were down nearly 13%. Volume dipped 0.8% on a 7.6% hold, also down from the 8.7% win rate in January 2025.
The end of the regular season and the start of the NFL playoffs, as well as the rest of the College Football Playoff, helped football lead all sports with $28.1 million in revenue. However, bettors' fortunes improved from the same month last year and the final month of 2025.
Football profits decreased 27.3% year over year and 31.1% month over month. Basketball revenue was nearly identical to January 2025, but sportsbooks hauled in $6 million more than in December 2025.
Hockey revenue experienced a 35.7% year-over-year decrease, but the “other” sports generated $12.8 million, a 45.2% year-over-year spike and nearly double from the previous month. Operators lost over $1 million on baseball for the second consecutive month.
If the Super Bowl is an indicator for February, sportsbooks will likely suffer a significant handle drop. This month’s Big Game generated 11.7% less in wagers than the previous year in the Silver State, and the $133.8-million handle was the lowest since 2016.
Nevada operators took in $604.8 million in bets during February 2025, and that Super Bowl produced $22 million in revenue.
This article originally appeared on Covers.com, read the full article here and view our best betting sites or check out our top sportsbook promos.
Continue reading...
The Nevada Gaming Control Board reported on Friday that Silver State sportsbooks cleared $64.5 million in January revenue, down 11.1% compared to the same month in 2025.
Key Takeaways
- Nevada sports betting operators nearly matched the previous January’s handle.
- Mobile wagering increased 5.4% year over year.
- Football was the most profitable sport but related revenue declined.
January was the most profitable month of 2025, so it’s not a big surprise that revenue dipped. This January also marked the third consecutive month with operator revenue above $60 million.
In a month dominated by the NFL postseason, online and retail sports betting profits came on a $795.2-million handle that was down just 0.2% from a year ago but up from December 2025’s $746.7 million. January’s 8.1% hold dropped a percentage point from the same month last year.
Vegas figures down
Nevada online sports betting, which requires in-person registration to use the mobile apps, generated a $562.5-million handle, a 5.4% increase. Mobile betting accounted for 70.7% of all wagers in the Silver State.
Sportsbooks in Clark County, which contains Las Vegas, were down nearly 13%. Volume dipped 0.8% on a 7.6% hold, also down from the 8.7% win rate in January 2025.
Sport details
| Sport | January Revenue | YoY Change |
|---|---|---|
| Football | $28.1 million | -27.3% |
| Basketball | $21.6 million | 0.5% |
| Other | $12.8 million | 45.2% |
| Hockey | $2.7 million | -35.7% |
The end of the regular season and the start of the NFL playoffs, as well as the rest of the College Football Playoff, helped football lead all sports with $28.1 million in revenue. However, bettors' fortunes improved from the same month last year and the final month of 2025.
Football profits decreased 27.3% year over year and 31.1% month over month. Basketball revenue was nearly identical to January 2025, but sportsbooks hauled in $6 million more than in December 2025.
Hockey revenue experienced a 35.7% year-over-year decrease, but the “other” sports generated $12.8 million, a 45.2% year-over-year spike and nearly double from the previous month. Operators lost over $1 million on baseball for the second consecutive month.
Super Bowl betting down
If the Super Bowl is an indicator for February, sportsbooks will likely suffer a significant handle drop. This month’s Big Game generated 11.7% less in wagers than the previous year in the Silver State, and the $133.8-million handle was the lowest since 2016.
Nevada operators took in $604.8 million in bets during February 2025, and that Super Bowl produced $22 million in revenue.
This article originally appeared on Covers.com, read the full article here and view our best betting sites or check out our top sportsbook promos.
Continue reading...
