Betting in Las Vegas is a big industry, and it is always changing. Some may be wondering how to stay up to date with the latest news and happenings on the Strip. We are here to help those bettors who live in Sin City or who plan on visiting it in the coming months.
Just remember, that offshore bookies via their websites are still available in Las Vegas, and none of the current proposals would have any effect on this. While we wait to see what will happen with the reopening, you can continue to enjoy any of these legit and trusted online bookies.
For now, let’s look at some of the ways Las Vegas is preparing for life after COVID-19. They have been experiencing a rebound as tourists return and are building in the hopes that more will arrive soon after.
A Rebound To Open the Summer
So much of the economic health of Las Vegas’s betting industry has been in the air since the 2018 Supreme Court’s PAPSA decision. No one knew if the tourists and bettors would find other places to go.
So far, that does not seem to be the case. Due to the pandemic, it has been hard to find one-to-one comparisons. But now that things are opening up and people are traveling again, we have some concrete data to work with.
Two years ago, in the spring before COVID-19, the combined two-month sports betting handle for Nevada was $645 million. That is quite a lump sum! As one would expect, in the middle of the pandemic, that figure dropped quite a bit, all the way down to $56 million.
However, this year, the number was even greater than either of those figures. In April and May, the sports betting handle for Nevada was $901 million. That is more than a 40% increase over two years ago.
Resorts World Las Vegas Opens Up!
You could say casino developers are betting on a strong post-pandemic recovery in Las Vegas. Just this week the giant Resorts World Las Vegas is opening up, showing confidence in a strong gambling scene as tourists are able to fly in again.
The $4.3 billion project will have over 3,500 hotel rooms and will therefore be one of the biggest resorts ever on the strip.
This is a good sign for the local economy, as economists are predicting consumer spending to rise again as people gain more and more freedom of movement.
In the 5,000 seat theater, Celine Dion and Katy Perry are already scheduled to perform. Look out for this resort to make a splash on the strip.
Vegas Sports Bettors Can Use Offshore sportsbooks
The legal situation in Las Vegas, bettors residing in the city can use sportsbooks based in countries outside of the US. In fact, these typically offer better bonuses than local sportsbooks that suffer under more restrictions.
Even though the state of Nevada is famous for its brick-and-mortar casinos and sportsbooks, that does not mean you will have big issues accessing offshore bookies. In fact, many bettors in Vegas use them without a problem!
Not only can you trust these sites that we have verified, but they are easily the best options for online betting sites. They have betting markets that are dear to Vegas residents and great payout options. You can bet on the Las Vegas Raiders and other local favorite teams.