Mayweather/McGregor Fight Surges Nevada Sportsbetting Revenue 1650%

Nevada sportsbooks saw a huge surge in revenues in August, as the boxing match between Floyd Mayweather and Conor McGregor helped raise revenues 1,650% from the year prior.

The state of Nevada released the figure last week, revealing that sportsbooks won $33.9 million on wagers last month, up a huge 1,650% from the year prior. The state's books took in $19.7 million in win from the "other" category, which is dedicated to boxing matches. Almost all of that haul is expected to be from the match. It's estimated that $70 million was wagered on the fight within state-sanctioned books.

In addition to the match, books won $8.6 million on baseball, and $6.6 million on football.

It's expected that the month of September will also be a strong month for sportsbooks, as the NFL season kicks into full swing. Still, the mass shooting by madman Stephen Paddock on October 1st may end up impacting revenues moving forward. No doubt bookmakers will be hoping that revenues remain strong enough that the tragedy does not adversely impact their businesses.

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bgsharpe
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11 October 2017 - 8:43pm
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Yes, no surprise in those numbers, from marketing and financial point of view this match was the "fight of the year" bigger than Joshua - Klitschko, Tyson- Holyfield or even bigger than Ali - Frazer but otherwise...I don't think so.