Online sportsbooks in Nevada significantly outperformed retail betting during a busy July that included the knockout rounds of the World Cup.
Key Takeaways
- Mobile sportsbooks generated $37.3 million of the overall $38 million in revenue.
- Much of that revenue came from Las Vegas’ Clark County.
- The World Cup helped produce an all-time revenue high in the “other” sports category.
Overall, July’s sports betting handle of $484.2 million increased 15.5% compared to the same month in 2025, according to the Nevada Gaming Control Board’s recent report. Revenue of $38 million remained relatively flat, rising less than 1% year over year.
The combined 7.84% hold was well below the previous July’s 9%, but online Nevada sports betting operators posted a 10.6% hold, the highest since online monthly figures began being released in 2020, on a $352-million handle that accounted for 72.7% of all wagers. Mobile sportsbooks also generated $37.3 million of the total Nevada revenue.
That left retail sportsbooks winning less than $1 million on a $132.2-million handle and recording a 5.3% hold in a state that relies more heavily on in-person betting than most jurisdictions. Clark County, which includes Las Vegas, generated $34.3 million in revenue, down 2.4% year over year. Volume was up 14.2%, and the gambling city produced a 7.6% hold, down from July 2025’s 8.9% win rate.
Sports betting operators in Reno’s Washoe County won $2.5 million from an 11.9% hold on volumes that increased 36.7% from the previous July.
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Record month
| Sport | July Revenue | YoY Change |
|---|---|---|
| Other | $31.3 million | +209.6% |
| Baseball | $18.7 million | -35% |
| Basketball | -$10.8 million | N/A |
| Hockey | $3.9 million | +953.7% |
Nevada’s “other” sports category, which includes soccer, generated a record $31.3 million in revenue. The 209% year-over-year increase was helped by the U.S. men's national team getting bounced in the Round of 16, as well as enough 3-way moneyline upsets in other matches.
In the two months that included the World Cup, the “other” sports produced over $50 million in revenue for Nevada operators.
Baseball came in second with revenue of $18.7 million, a 35% decrease from the same month last year when the sport produced unusually high receipts. Silver State sportsbooks lost nearly $11 million on basketball, their largest loss on the sport since 2018.
Hockey’s $3.9 million in revenue skyrocketed over 950% compared to July 2025, while football cost operators just under $800,000 for the month.
Significant ruling
Nevada’s legal battle with prediction market operator Kalshi took a significant turn late last week. The U.S. Court of Appeals for the Ninth Circuit ruled that Kalshi’s sports event contracts constitute bets rather than federally regulated swaps.
The decision allows Nevada to enforce its gaming laws against Kalshi and opens the door for the case to eventually reach the U.S. Supreme Court. Kalshi agreed earlier this month to geofence Nevada by Aug. 12, but the operator continued appealing previous rulings in the case.
