Nevada betting revenues slip 45% in May

State falls behind New Jersey for the first time since PASPA was repealed last year

Nevada posted May sports betting revenues of $11.3m, down 45% on the previous year, in part due to losses in football bets. Football made a $2.4m loss, lowering overall revenues, while baseball contributed $7.8m and basketball $4.5m. $1.3m was generated via other events and $72,000 from parlay bets. Overall handle in the state remained flat…

Finance | Nevada | New Jersey | Pennsylvania