September was reportedly a banner for sportsbooks in Nevada as noodle win reach an all-time high of $56.3 million off of a record $571 million in combined bets thanks in large part to punters placing wagers on contests from the National Football League (NFL).
Momentous month:
According to a Tuesday report from ESPN.com citing official advice from the Nevada Gaming Control Board, the 30-day month was the most lucrative for sportsbooks in ‘The Silver State’ since officials began monitoring such figures from 1984 as win nicely surpassed the prior record of $53.3 million set in September of 2012.
NFL the catalyst:
ESPN.com also reported that the September’s combined wagered amount eclipsed last October’s historical high mark of $565 million with aficionados placing approximately $389 million in bets on NFL and collegiate football contests before losing around $44.3 million.
Not hurt by new competitors:
The record-setting month reportedly came after five other states surrounding New Jersey, Delaware, New Mexico, Mississippi and West Virginia took advantage of the United States Supreme Court’s recent invalidation of their Professional and Amateur Sports Protection Act (PASPA) to legalize their particular sportsbooks. But, far from being worried, Michael Lawton, Senior Research Analyst for the Nevada Gaming Control Board, allegedly told ESPN that the added contest might really help the state to attract more bettors.
Lawton reportedly told ESPN.com…
“” I believe we have thought all along that the expansion of sportsbetting outside Nevada would not hurt our business but could really allow it to grow since it gains more exposure and approval nationwide. This month’s numbers support that concept and we’re extremely encouraged by this month’s results. But, it is still quite early in the game so far as sportsbetting expansion is concerned.
New Jersey claims runner-up place:
Eventually, ESPN.com reported that venues in Rhode Island and Pennsylvania are poised to start supplying sportsbetting in the coming months while it utilized September figures from the New Jersey Division of Gaming Enforcement of $24 million in win off of some $183.9 million in stakes to demonstrate Nevada’s present market dominance.
NCAA coming to terms with legalized sportsbetting
