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.
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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.
