Nevada’s Double-Digit YoY Handle Decline Continues in April

Brad Senkiw - Contributor at Covers.com
Brad Senkiw • News Editor 16+ years betting experience
Updated: May 29, 2026 , 03:18 PM ET • 4 min read

The Silver State’s online and retail sports betting operators offset another sharp handle drop in April by posting their highest monthly hold of 2026.

Photo By - Reuters Connect.

Nevada’s year-over-year sports betting handle declined by double digits for the second consecutive month in April.

Key Takeaways

  • Nevada’s sports betting handle dipped by 15.1% year over year in April.

  • Profits were up a slight 2.3%.

  • Basketball revenue fell by 6.5%.

After wagering dipped 11.3% statewide during the month of March Madness, the Silver State’s online and retail sportsbooks combined to suffer a 15.1% drop during a month with the Final Four, MLB, the Masters, and the start of the NBA and NHL playoffs.  

The Nevada Gaming Control Board reported that operators generated $525.1 million, down from $618.7 million in April 2025. Mobile sportsbooks' handle dropped an even higher 17.6% year over year to $397.9 million. Online operators accounted for nearly 76% of all wagers. 

Nevada sports betting volumes in Clark County, which includes Las Vegas, were down 15.5% year over year, while Washoe County’s Reno, Sparks, and Lake Tahoe saw the handle dip 11.9% compared to the previous April. 

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Revenue

Operators hauled in $43.7 million in Nevada revenue during April, a 2.3% year-over-year increase. Combined with March, sportsbooks made nearly $90 million during the two months that included the entire NCAA Tournament. That’s 38% more profit than the same two-month period in 2025. 

April’s 8.3% hold was up year over year from 6.9% and represents the highest monthly win rate of 2026 for sportsbooks. Clark County reached a hold of 8.2%, while Washoe County went over 10%. 

The Silver State filled its coffers with $2.9 million, running Nevada’s year-to-date tax haul to $12.8 million. 

Sport details

Sport April Revenue YoY Change
Basketball $19.5 million -6.5%
Baseball $13.4 million 9.7%
Other  $11.3 million 21.7%
Hockey $4.7 million -11.3%

Basketball led all sports with $19.5 million, but the last three games of the college season and the end of the NBA season generated 6.5% less profit than the previous April. 

The first full month of baseball led to $13.4 million, a 9.7% year-over-year increase, while profits from “other” sports, which include tennis, soccer, MMA, boxing, auto racing, and golf, spiked 21.7% year over year to $11.3 million. 

The end of the NHL regular season and the beginning of the Stanley Cup Playoffs produced $4.7 million, down 11.3% from April 2025. Football cost operators $5.4 million, which is right around the $5.1 million they paid out last April.

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Brad Senkiw - Covers
News Editor

Brad has been covering sports betting and iGaming industry news for Covers since 2023. He writes about a wide range of topics, including sportsbook insights, proposed legislation, regulator decision-making, state revenue reports, and online sports betting launches. Brad reported heavily on North Carolina’s legal push for and creation of online sportsbooks, appearing on numerous Tar Heel State radio and TV news shows for his insights.

Before joining Covers, Brad spent over 15 years as a reporter and editor, covering college sports for newspapers and websites while also hosting a radio show for seven years.

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