Nevada (NV)

In 1949, Nevada was the first state in the US to legalize sports betting. Although players can gamble on various sportsbooks and mobile applications, the state of Nevada has placed a few restrictions on offshore Nevada betting apps.

However, thanks to the vast array of domestic sportsbook apps available in the state, players can access almost any sport they can think of.

Online Sports Betting in Nevada

While different kinds of apps are legal here, players can still use sports betting websites to place bets. Not only that, but they can also wager on sports at retail and in-person venues. Indeed, the state has not even prohibited access to offshore sportsbooks, despite having an extensive selection of domestic options.

The Gaming Control Board and the Gaming Commission regulate all Nevada online sports betting operations. Indeed, the board's primary job is to stabilize Nevada's gambling industry and the administration of gaming laws in NV. On the other hand, the Gaming Commission decides on licensing and related issues as this agency can revoke, deny, limit, restrict or suspend any license in the state.

Nevada has an exceptionally long history of casinos and gambling, with casinos dating back 80 years. In fact, the oldest casino in the state is the 80+ Railroad Pass. However, another famous casino dates back to 1941. It was the first casino in US Las Vegas, where the first casino, El Rancho, was founded by Tommy Hull. So, there were casinos well before the first online casinos, and betting apps came up in NV.

Surprisingly, this state only legalized online sports betting in 2010. Still, online wagering options quickly flourished, enabling players to access all types of betting options.

Sports Betting Legislation in NV

Few people settled in Nevada after its acquisition by the US in the 1860s. However, the ones who settled there enjoyed spending their time gambling. In the same period, President Lincoln appointed James Nye as the state's governor. However, in assuming office, Nye banned all forms of gambling in that territory.

In 1864, when Nevada became a state, the legislature attempted to legalize and regularize gambling. This attempt failed, but the flip side was that now the state penalized the operators and not the player. Yet, in just two years afterward, this territory's legislature imposed stiff penalties on everyone caught gambling.

In 1869, the State Legislature decriminalized all forms of gambling. However, over the next few years, the Silver State suffered several setbacks in gambling. In 1909, the Progressive Party banned all forms of gambling in the state.

Although modern betting and gambling were still several decades away, gambling reappeared in this part of America in many forms. In 1931, State Assemblyman Phil Tobin introduced Assembly Bill 98, which allowed gambling in NV. Governor Blazar signed this bill into law, legalizing small card games.

Restrictions

Currently, Nevada is the only state in the US that doesn't allow remote registration, and today, players still need to register in person at retail sportsbooks and casinos. This condition forces many bettors to cross the state's borders to register with their favorite sportsbooks.

In addition, the Silver State does not accept players under the age of 21 from gambling on sportsbooks. While players can still wager on recognized offshore sportsbooks, their minimum age, in this case, must be 18. Except for these two conditions, there are no other restrictions for sportsbooks and NV betting apps.

Licensing and Taxes

Nevada-based sportsbooks can apply for licenses by visiting the official licensing website. Here, the operators will find useful information on taxes and licensing fees. For example, the annual fee for a Pari-Mutuel System License is $500. Similarly, the annual Operator Information Service license fee is $6,000.

Also, all sportsbooks operating in Nevada are taxed at 9% if the betting site provides live entertainment, collects an admission charge or minimum merchandise, or if the facility that provides live entertainment has a seating facility of over 200. All multiple mobile and retail sportsbooks in NV are charged a tax of 6.75% with no exclusions.

How profitable has sports betting been in Nevada?

Ever since June of 2018, the most famous gambling state in the U.S. has surpassed over $30 billion dollars in handle and over a billion in revenue. We'll break down their monthly numbers for handle, revenue, and tax income for the state.

• October 2023:

  • Sports betting handle: $815.6m

  • Revenue: $68.1m

  • Tax income for the state: $4.59m

• September 2023: Handle: $811.2m, Revenue: $62.3m, Tax Income: $4.2m

• August 2023: Handle: $431m, Revenue: $18.1m, Tax Income: $1.2m

• July 2023: Handle: $408.2m, Revenue: $25.2m, Tax Income: $1.7m

• June 2023: Handle: $479.03m, Revenue: $9.5m, Tax Income: $641,453

• May 2023: Handle: $527.2m, Revenue: $30.06m, Tax Income: $2.02m

• April 2023: Handle: $580.5m, Revenue: $30.5m, Tax Income: $2.06m

• March 2023: Handle: $829.8m, Revenue: $43.8m, Tax Income: $2.95m

• February 2023: Handle: $659.4m, Revenue: $41.3m, Tax Income: $2.8m

• January 2023: Handle: $935.7m, Revenue: $50.4m, Tax Income: $3.4m

2022

• December 2022: Handle: $880.3m, Revenue: $55.2m, Tax Income: $3.7m

• November 2022: Handle: $929m, Revenue: $37.6m, Tax Income: $2.5m

• October 2022: Handle: $920.9m, Revenue: $56.8m, Tax Income: $3.8m

• September 2022: Handle: $760.8m, Revenue: $70.6m, Tax Income: $4.7m

• August 2022: Handle: $408.8m, Revenue: $16m, Tax Income: $1m

• July 2022: Handle: $419.3m, Revenue: $16.2m, Tax Income: $1m

• June 2022: Handle: $490.5m, Revenue: $23.8m, Tax Income: $1.6m

• May 2022: Handle: $562m, Revenue: $26.9m, Tax Income: $1.8m

• April 2022: Handle: $582.5m, Revenue: $25.3m, Tax Income: $1.7m

• March 2022: Handle: $863.2m, Revenue: $36.9m, Tax Income: $2.4m

• February 2022: Handle: $780.7m, Revenue: $30.9m, Tax Income: $2m

• January 2022: Handle: $1.1b, Revenue: $49.9m, Tax Income: $3.3m

What is legal to bet on in NV?

The Silver State can undoubtedly be defined as a paradise for bettors with such a vast choice of sports betting options available. Indeed, punters have an array of sports and leagues to choose from, and these range from the most popular sports like soccer, tennis, and rugby to college football and Formula 1 or virtual horse racing. They can also lay bets on esports.

In recent years, the Gaming Control Board has also approved betting on the Heismann Trophy, NFL Draft, and the Golden Tee World Championship. However, there are a few restrictions for bettors. Although players must be over 21, they must also be in NV to place a wager, while a bookie can only accept bets on its licensed premises and approved stations.

Sportsbooks must also obtain the following information from their patrons: 1. Driver's License 2. Passport 3. Non Resident Alien ID card and other documents. Finally, since live betting is relatively new to the US, many sports betting apps in the state do not have this option.

Gambling news and updates from Nevada

• June 26, 2023: The Circa Hotel and Sportsbook are set to host a sports betting networking event called Bet Bash from August 8th to the 11th.

• March 29, 2023: The state of Nevada has a decline for the seventh straight month in terms of betting handle and revenue after the numbers for February were released.

• February 15, 2023: William Hill's sports betting app is still down after its Super Bowl crash that wreaked havoc on the sports betting community. The app went down during the big game and is expected to be back up soon.

• February 9, 2023: The Nevada Gaming Control Board was able to put a stop to an embezzlement scheme that was being run by an employee of William Hill.

• January 27, 2023: The BetFred Sportsbook will be launching in Nevada after they were granted a license by the Gaming Commission. The sportsbook will be placed in the Virgin Hotels.

How do mobile sportsbook apps work in Nevada?

Even though Nevada legalized online sports betting in 2010, the first apps came up only in 2013. According to some sources, the first app in the Silver State was developed by Leroy Horse and Racing. William Hill, a leading online sportsbook, later acquired this app.

According to Eiler, a prominent research firm, more than 51% of all sports gambling-related revenues in NV came from mobile betting apps. This growth can be attributed to the easy availability of phones and tablets in many parts of this state.

Over the years, Nevada mobile betting apps have grown to include a wide selection of games, leagues, and tournaments. This selection contains many offshore betting websites, where players can place various bets. All these apps work similarly, except for a few minor differences in their business models. For example, while one app might offer players a welcome bonus, another could give free bets.

Mobile betting apps tend to work differently according to their operating system requirements. Registering with these apps is straightforward; players can read all the relevant steps in the next section. Please keep reading this guide to know more about the subject.

Getting started - Step-by-step

1. Download and Install: Go to the Android or Apple Play Store and locate the preferred sportsbook app. Check its file size and other technical information. Make sure this data matches the phone's technical details. Now click 'Install.'

2. Sign up: After installing the NV sports betting app, click the REGISTER button and start filling in all the requested personal information. Many apps require players to verify their phone numbers by entering an OTP code. If players fail to enter the correct date of birth, the Nevada betting app will ban them, and the app might ask for an SSN for verification purposes.

3. Make a deposit: This process involves linking the player account with a payment gateway. Players should, however, ensure the betting app has approved their payment options. Next, go to the Cashier section, and then proceed to Deposit. Enter the desired amount and make the first Deposit.

4. Claim bonuses and free bets: At this stage, remember to claim a welcome bonus and/or free bets, if any. However, read all the terms and conditions before proceeding.

5. Place your bets: Place the first bet after choosing a sport or league.

Bonuses and NV sports betting offers

Many bookmakers in Nevada offer risk-free bets, free bets, sign-up, and deposit match bonuses to their players. The welcome bonus offer from the BetMGM sportsbook is a case in point as it offers a whopping $1,000 risk-free bet to its new customers. If a new player loses his first bet on a mobile app, this initial bet gets reimbursed in a risk-free bet credit.

In a free bet, the wager amount is zero, but the nominal value of this bet can be $5, $1, and so on. However, players can usually place this bet on specified games only.

Deposit match bonuses match players' deposit amounts. For example, if a player deposited $10, the bonus would match this amount. Thus all NV Bettors should consider the $250 deposit match bonus from the BetRivers online sportsbook.

Payment methods for depositing

Many mobile betting apps in Nevada accept credit and debit cards for depositing and withdrawing money. However, players should ensure they are playing only on licensed gambling apps while using these cards because unregulated apps that use Visa or Mastercard can't always be trusted.

Players can also bank with apps using Skrill, Wire Transfer, PayPal, Play+, and Check. Thus, it is evident that players can bank using several payment gateways. However, please note that some banking options are available only for depositing, not withdrawals. And, of course, it goes without saying that all of these payment options are safe, thanks to the latest encryption technologies.

In addition, many NV sports betting apps have recently started accepting deposits in Bitcoin, Bitcoin Cash, Ripple, Ethereum, and Litecoin.

Trusted Nevada sports betting mobile apps in 2023

Players can play on several mobile sportsbooks available in Nevada. Take BetMGM, for instance. An American mobile platform, BetMGM works with several payment providers and processes all payments in 2-7 days. This betting app was launched on January 21, 2021, and has quickly become a huge fan favorite.

Players can also consider Caesar's Sportsbook, which uses the latest technologies to secure all information. In September 2017, this America-based platform allowed players to deposit via several options, and Caesar processed all withdrawals between one and five days.

The WynnBET mobile sportsbook from the Wynn Group offers several games and leagues to players and can be used on most devices. This NV betting app releases all the funds quickly, typically between two and seven days.

Gamblers can try the William Hill mobile betting app too. This well-known sportsbook started its Nevada operations in 2012 and currently offers a range of betting markets and sports to the player community in the state of Nevada. Gamblers can pay and receive money from this bookmaker via Visa, Mastercard, Skrill, Check, and other methods.

Nevada Sports betting at casinos

With 148 retail sportsbooks in 2020, the number of sportsbooks decreased from 191 the previous year. The number of sportsbooks in the Silver State has fluctuated between 2010 and 2020, reaching its peak in 2015. That year, Nevada had 197 sportsbooks.

Mobile sportsbook apps and gambling sites offer more betting options than their brick-and-mortar counterparts. These retail sportsbooks cover the major collegiate and professional sports, and some provide betting opportunities from the major international leagues, such as the English Premier League. However, on mobile sportsbooks, players can wager on every sport available, and players can wager on not less than fifteen sporting events on mobile and online sportsbooks.

The top sporting events are College Football, NBA and others. Players have the option to wager on offshore sportsbooks through their mobile devices. Not just this, but the top betting sites also offer a range of betting markets and odds. These include multiple team teasers, in-depth parlays, and other options.

Thus, online and mobile betting platforms offer players a more comprehensive range of selections than retail sportsbooks.