Nevada has posted its lowest Super Bowl handle in a decade

In the wake of Super Bowl LX, the Nevada Gaming Control Board (NGCB) has unveiled wagering statistics from the biggest sporting event on the US calendar.  

These results highlight that players wagered a total of $133.8m via the 186 regulated sportsbooks in Nevada’s market – down 12.5% in comparison to results from last year’s big game. In fact, this handle figure marks the lowest sports wagering engagement since records began in 2017 – and represents a drop of almost $60m over the past two years.  

Elsewhere, the state’s reported win figure of $9.9m represents a downturn of 76.3% year-over-year, the lowest win since 2023’s $4.4m outcome, resulting in a 7.4% win percentage this year. Both win and win percentage have been lower over the past 10 years; however the state’s record-low handle is representative of a broader recent downturn in Nevada’s struggling tourism industry.  

It is no secret that in the midst of a polarized and volatile political climate at present, the US (and Nevada in particular) is feeling the squeeze of declining inbound tourism statistics, particularly a sharp drop in visitation from the nation’s Canadian neighbors to the north. Indeed, data from Harry Reid International Airport in Las Vegas from November – typically the city’s busiest month – was down by 9.6% year-over-year in 2025.  

Interestingly, prediction market operator Kalshi also posted its engagement figures from Super Bowl LX this week, highlighting a record $865.2m in trading volume from the game - $275m of which was accounted for by outcomes related to the halftime show. 

These figures juxtapose those from the NGCB and serve to accentuate the growing tidal wave of prediction market engagement, especially in comparison to more traditional modes of sports wagering.