Nevada

Nevada was offering legal sports betting both online and in retail form long before the Supreme Court overturned PASPA. While the variety of sportsbooks offered is impressive, there are certain gambling restrictions in NV that bettors need to keep in mind.

There aren’t many limitations when it comes to what you can bet on in Nevada. Betting on college sports is available, and that includes betting on in-state colleges like UNLV. Not only are there plenty of mobile betting apps available in NV, but customers also have the option to legally download and use daily fantasy sports apps as well.

While horse racing is not something that occurs often in the state, the ability to bet on horse and greyhound racing is certainly legal. Now, the two things that absolutely cannot be wagered on in NV are politics and entertainment events like award shows. Betting on eSports is allowed, as Nevada was actually the first state to form a commission specifically for eSports betting.

Online sports betting in The Silver State

With sports betting being around for as long as it has been in Nevada, there have been countless changes to the legislation over the years. Since sports betting was legalized in 1949 in Nevada, there have been plenty of topics the state has needed to adjust to or make rules about as technology and the sports betting industry as a whole has grown.

Online betting has been around in Nevada since 2010, which is much longer than it has been around in any other state. Currently, there are 14 mobile betting apps, and most of them are specific to just Nevada. While operators like BetMGM and Caesars have mobile apps in NV, operators like DraftKings, FanDuel, and ESPN Bet are not available in the state.

All of the available mobile betting apps in Nevada have at least one partnered retail facility, but many of them have far more than just one. One of the biggest differences between online betting in Nevada and most other states is that all of these mobile apps require in-person registration. This calls for anyone trying to create a mobile betting account on an app to go in person to a partnered retail facility and complete the registration process.

This registration process requires a legal ID from any state, name, date of birth, address, and either a social security number or tax ID number. Once this process is completed, the state’s sports betting legislation also requires bettors to make their first deposit onto the app in person, and the minimum deposit for each sportsbook will vary.

Some sportsbooks require in-person deposits and withdrawals even after the first deposit, while others allow customers to complete the process remotely. Big-name operators have made it clear that they oppose this in-person registration requirement, but a lot of big players in the Nevada gaming industry support the law, so it will likely remain this way for the time being.

All legal NV sports betting apps in 2024:

Sports betting & gambling legislation in NV

Like most states, Nevada's legal gambling age is 21. While the state has an impressive variety of retail and mobile sportsbooks, bettors heading to Nevada must keep in mind one large restriction, which is the aforementioned lack of remote registration. The Nevada Gaming Control Board and the Nevada Gaming Commission enforce all rules and regulations.

For bettors in the state and the many bettors who are just passing through, the tax rate is also an important factor to keep in mind. Currently, all gambling winnings are subject to a tax rate of 6.75% on the state level, which is in addition to federal taxes.

The buck does not stop at sports betting in Nevada, which should go without saying with Las Vegas. Outside of sports betting in both retail and mobile formats, the state also offers social casinos, online poker, and even a state lottery. Real-money online casinos are, however, still unavailable in The Silver State.

Most recent updates from the NV sports betting scene

• May 16, 2024: It has been announced that the iconic Mirage Hotel and Casino will be closing its doors after 34 years of business. The property will be turned into the new Hard Rock Casino, which is expected by 2027.

• May 14, 2024: The 2024 WNBA regular season will tip-off tonight, and entering the season, the Las Vegas Aces are favored to win the title at (+100).

• May 5, 2024: After a crushing loss in game seven to the Dallas Stars, the Vegas Golden Knights have been eliminated from the Stanley Cup Playoffs.

• May 1, 2024: The Nevada Gaming Control Board has recently filed a formal complaint against former Resorts World Las Vegas President Scott Sibella. The former executive was removed from his position after admitting to breaching anti-money laundering protocols.

• April 25, 2024: The Las Vegas Raiders have bolstered their offense in the first round of the 2024 NFL Draft by selecting tight end Brock Bowers. The former UGA standout is (+4000) to win Offensive Rookie of the Year.

• February 13, 2024: According to the Nevada Gaming Control Board, the state saw $185.6 million in handle for the Super Bowl, which is a record for the state.

• December 18, 2023: Circa Sports launches a temporary sportsbook near Shady Grove Bar and Lounge in southwest Las Vegas on January 1, 2024. Their permanent sportsbook at the Silverton Casino Lodge is scheduled to open in March 2024, which will be Circa's fifth sports betting location in the US.

In-person sports betting sites and locations

Retail sportsbooks in Nevada are some of the most built-up and impressive in the country. Finding a quality in-person betting experience is not difficult in Nevada, especially since there are close to 200 sportsbook locations across the state, most of which are in Las Vegas.

Since gambling has been legal in Nevada since 1949, the state and its operators have had plenty of time to build up their sportsbooks and adapt to today’s market. Westgate Sportsbook is a great example of this, as the shop has been open since 1969 and is still considered one of the best and biggest retail sportsbooks in the country.

Sports betting in neighboring states

Nevada has never seemed to have trouble attracting bettors to the state, but it certainly helps that three of its neighboring states don’t have legalized sports betting. Oregon and Arizona are the only states surrounding Nevada that offer some form of sports betting.

To find out more about whether sports betting could be coming to California, Idaho, and Utah in the near future, you can click on them down below.

Sports betting revenue impact on Nevada's economy

The licensing fee in Nevada is one of the lowest on the market, at $500. Both the Nevada Gaming Commission and Nevada Gaming Control Board oversee all matters regarding licenses and license violations. All retail and online operators must pay a tax rate of 6.75%, which ties them with Iowa for having one of the lowest tax rates in the country.

Since Nevada is known for gambling and sports betting, it’s no surprise the state has consistently averaged around $500+ million a month in sports betting handle. As of right now, only two states have outdone Nevada in most sports betting revenue-based statistics, and these states are New Jersey and New York.

Despite being one of the top states for handle, revenue, and tax income, it would be interesting to see how much Nevada would make if the state allowed for remote registration. While it may not make them the top state in the country for sports betting earnings, it could certainly help close the gap between them and NJ/NY.

Nevada sports betting record months:

• Sports betting handle: October 2021 ($1,100,712,575)

• Revenue: November 2021 ($71,971,000)

• Tax income: November 2021 ($4,858,043)

NV sports betting revenue in 2024