Two days after the Kansas City Chiefs hoisted the Vince Lombardi Trophy, sports betting operator William Hill US was still offline in Nevada.
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Though there is apprehension from a few Nevada sportsbook operators about potential competition from the largest feeder market to casinos in Las Vegas and Reno, analysts and sports betting experts don’t believe sportsbooks in California — the nation’s leading Indian gaming state — will slice into Nevada’s multi-billion-dollar business.
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The companies announced Monday that Wynn Interactive will combine with Austerlitz Acquisition Corporation I to create an independent public company valued at about $3.2 billion.
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Nevada is synonymous with casinos, but the state currently bans nearly all forms of gambling via the internet. That could soon change.
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The timing of the 2021 NCAA men's basketball tournament was perfect was Nevada. Restrictions were being lifted with vaccinations being rolled out. Many bettors were ready to get back to normalcy, which included a trip for one of the marquee sporting events of the year
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The Las Vegas Convention and Visitors Authority launched a new national advertising campaign Monday titled, “Vegas You.” The 30-second spot hopes to capitalize on the “restless sentiment” being felt in the country after more than a year since the COVID-19 shuttered business and halted summer vacation plans.
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For March, the total sports betting handle, for retail sportsbooks and online sports wagering combined, was $641 million. That was an increase of 15.7% from February when total sports betting handle was $554 million.
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