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In August, Nevada sportsbooks generated $25 million in sports betting revenue, a YoY increase

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In August, Nevada sportsbooks generated  million in sports betting revenue, a YoY increase


On Thursday, the Nevada Gaming Commission reported $25 million in sports betting revenue. That was a notable year-over-year increase for operators in the state. Compared to their numbers from August 2023, the revenue was up 38.2%. That comfortably outpaced a 5.8% rise in the handle to $455.8 million. 

Revenue was down 3% from their figures in July despite a 21.3% upswing in their betting handle. In August, the $4.86 billion handle was down 3.9% compared to their figures in the first eight months of 2023. However, the $289.9 million is up 15.5%. Their 6.4% hold in 2024 is over one percentage point higher. Nevada’s year-to-date totals for state taxes are $19.6 million, roughly $2.6 million ahead of their pace last year.

Where did Nevada sportsbooks see the most wagers in August?

August has Week 0 of college football, NFL pre-season, MLB, and other various sporting events to bet on. While it’s not as busy as the fall, Nevada still saw increased revenue last month. Operators collected more than $8.7 million in revenue in August from football. That was a 72.9% increase from their figures in 2023. Additionally, Nevada’s $84.6 million handle was up 62.2% last year. That also beat their previous record of $72.3 million in August 2019. 

The “catch-all” category took a jump in revenue for August 2024. This includes golf, tennis, soccer, boxing, MMA, and auto racing. Nevada sportsbooks collected $7.6 million in revenue, a 64% YoY increase. Their betting handle from the “catch-all” category in August was $112.3 million. 

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This helped Nevada sportsbooks offset a negative shift in baseball wagering last month. Their revenue for baseball in August was 1.8% higher at $9.7 million. However, the betting action from April – August has decreased compared to 2023. Nevada’s $1.14 billion handle in that fourth-month span is down 15.4% YoY. Their $$61.5 million in revenue is also 10% lower.

How did mobile sportsbooks fare in Nevada?

Despite $14.8 million in revenue from mobile sportsbooks in August, Nevada’s 4.7% hold on $313 million worth of wagers is their lowest in 2024. Digital wagering accounted for 61.4% of the total revenue. That is on pace to be the highest percentage since the NCGB first published those figures in 2020. Retail sportsbooks had a 7.1% win rate in August, enough for $10.2 million in wagers from $142.8 million in wagers.



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‘I am very sorry’: Health district board votes to ditch proposed septic regulations

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‘I am very sorry’: Health district board votes to ditch proposed septic regulations


Retirees Sandra and George Stewart began building their forever home in 1977, in a neighborhood off of Sahara Avenue and Jones Boulevard. They have lived there ever since.

George Stewart, a Vietnam War vet, said homeownership was a welcome prize for his service.

Now, there’s only one problem — the house’s septic system. When it was built, sewer lines did not exist in that part of Las Vegas, and the Stewarts say they now face pressure from local agencies to spend hundreds of thousands of dollars to tap into the city sewer system so that the water they use can be recycled and sent back to Lake Mead.

“We’ve worked really hard and paid off our house,” Sandra Stewart said. “Then we retired, and now we’re on a fixed income. There is no way we can afford this. We’ll end up selling our dream home.”

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The Stewarts were two of at least a hundred Las Vegas Valley residents who spoke to officials Wednesday during the public comment section of a special board meeting of the Southern Nevada Health District.

Board members, including several public officials from across the valley, unanimously voted to rescind proposed regulations for about 18,000 septic systems in the valley. More than 1,000 people showed up to a public outreach meeting last month to express their dissatisfaction with any change to current regulations.

Though not under consideration at Wednesday’s meeting or the last one, a previous version of the rules could have required homeowners to apply for a permit every five years for $226.

“All I want to say is I am very sorry,” said County Commissioner April Becker, following an hour of public comment that even included a caller from Sandy Valley. “I‘m thankful that you came out every single time. And as painful as these meetings are for me, I’m just happy I’m here right now to be able to vote the way you want me to.”

Water savings, but a supposed health issue, too

Southern Nevada agencies have long pushed for homeowners to consider tapping their homes into the larger wastewater recycling system in the face of what scientists call a “megadrought” that hasn’t let up in two decades.

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Assembly Bill 220, signed into law in 2023, gave the Southern Nevada Water Authority the broad legal power to limit residential water use. The bill originally contained a provision that would have required septic-to-sewer conversions but was later amended to make the conversions voluntary.

The water authority has limited funds available to offset the cost of conversions should homeowners wish to apply. Available grants could cover the entire conversion, or at least a good portion of it.

Many homeowners who spoke, like Las Vegas resident Greg Austell, said they see the supposed water savings the region would gain from conversions as a thinly veiled attempt to facilitate the valley’s uncontrolled growth.

“It’s driven politically by the Southern Nevada Water Authority to get water credits,” Austell said. “Why? So we can increase expansion of the valley during a severe drought, which makes no sense. Water is essential to live. Why are we expanding?”

Southern Nevada’s water managers have said that growth is inevitable and necessary to stimulate the economy. Accommodating growth is built in to the region’s long-term water plans, which get updated yearly.

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While Las Vegas City Councilwoman Shondra Summers-Armstrong voted with her colleagues on the board and said she admired the community’s persistence, she emphasized that the issue of septic-to-sewer conversions must be re-visited in the future.

“At some point, we’ve got to find a way to come to a happy medium, or a compromise,” she said. “Water is a real issue, and none of us will be able to remain living here without it.”

Contact Alan Halaly at ahalaly@reviewjournal.com. Follow @AlanHalaly on X.



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Smith’s employees pack 5,000 meal kits for Clark County students

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Smith’s employees pack 5,000 meal kits for Clark County students


LAS VEGAS (FOX5) — Smith’s employees are packing 5,000 meal kits for Clark County students through a partnership with Move for Hunger and Communities in Schools of Southern Nevada.

The event took place on March 10 at Decker Elementary School.

About 270 leaders from across seven states are also participating in building the kits. The donation is valued at approximately $50,000.

Feed The Need: Helping Southern Nevadans fight food insecurity

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In the past year, Smith’s and its customers provided more than 16 million meals to nonprofit hunger-relief organizations throughout Nevada through donations.



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Visitors flock to Death Valley National Park in California and Nevada for rare superbloom

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Visitors flock to Death Valley National Park in California and Nevada for rare superbloom




Visitors flock to Death Valley National Park in California and Nevada for rare superbloom – CBS Baltimore

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Visitors are flocking to Death Valley National Park for a rare superbloom.

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