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Nevada gaming board analyst reports $43.7m in April sportsbook revenue

Regulation

Nevada Gaming Control Board senior economic analyst Shelley Newell reported that state sportsbooks won $43.7m in April, up 2.6% from a year earlier. Wagers fell 15.1% to $525.1m, while mobile wagers declined 17.6% to $397.9m and represented 75.8% of the total.

The figures show sportsbook revenue rising despite lower wagering volume, with mobile bets accounting for most wagers.

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Regulation

Nevada judge extends Kalshi restrictions through 17 April

A Nevada judge extended restrictions preventing Kalshi from offering event contracts to state residents without a gaming licence, according to the report on the 3 April hearing. The order remains in effect through 17 April while longer-term terms are prepared, and requires Kalshi to implement full geofencing controls by 4 May. Kalshi argued its contracts fall under federal oversight; the judge rejected that position.

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