Revenues from baseball betting in Nevada skyrocket by 100% in June 2025
Record-Breaking Baseball Betting Surge in Nevada
Nevada's sports betting market has witnessed an unprecedented surge in baseball betting revenue, with June 2025 setting a new record. The revenue generated from baseball betting accounted for nearly $30 million, marking a 78% year-over-year increase.
This historic run in baseball betting is primarily driven by the profitable home underdog betting trend in Major League Baseball (MLB), technological enhancements in sportsbook offerings, and a strong rebound in betting volume and revenue across Nevada's sports betting market.
Home underdogs achieved a 55.3% win rate in July 2025, the highest recorded for any month since at least 2010. Over the season, home underdogs produced a +4.1% return on investment (ROI), with the most pronounced gains coming from shorter-priced underdogs. This trend encouraged more bets on home underdogs, bolstering betting activity and profitability.
On the infrastructure side, Nevada’s sportsbooks have leveraged advanced technologies to enhance the betting experience and capture more market share. Mobile apps like FanDuel and DraftKings have integrated real-time deposits via Apple Pay, streamlined bet placement, and live odds updates, all increasing bettor engagement during games. Additionally, AI and machine learning models personalize betting suggestions and dynamically adjust live odds, making betting more responsive and attractive.
From a commercial perspective, Nevada sportsbooks have experienced significant financial growth in 2025. The revenue hit $72.6 million in February 2025, marking a 12.1% increase year-over-year and a 384% month-over-month jump. Major sporting events such as the Las Vegas Grand Prix and the Super Bowl have also helped revitalize sports betting enthusiasm and infrastructure in Nevada, indirectly supporting MLB betting growth.
In June 2025, Nevada sportsbooks generated a record-breaking $21.9 million in baseball betting revenue, a 103.1% increase from the $10.8 million reported in June 2024. This surpassed the all-time high for any month in Nevada sportsbook history. Baseball betting has seen strong growth in Nevada, with back-to-back record-setting months in May and June 2025.
As the industry watches closely, it remains to be seen whether baseball's hot streak will continue or cool off when football returns. For now, baseball betting is providing Nevada sportsbooks with a critical summertime boost, leading all sports in monthly wagering revenue for the third straight month.
[1] [Source for home underdog betting trend] [2] [Source for technological enhancements] [3] [Source for commercial growth]
- The record-breaking surge in baseball betting revenue in Nevada can be partly attributed to the legal sports-betting market, allowing more opportunities for NFL, NBA, MLB, and other sports betting.
- The profitable home underdog betting trend in Major League Baseball (MLB) has particularly fueled the growth in baseball betting, with home underdogs achieving a 55.3% win rate in July 2025.
- Technological enhancements and advancements in sportsbook offerings, such as mobile apps like FanDuel and DraftKings with real-time deposits via Apple Pay and streamlined bet placement, have significantly increased bettor engagement during games.
- The revenue generated from baseball betting accounted for nearly $30 million in June 2025, setting a new record and marking a 78% year-over-year increase, making baseball the leading sport in monthly wagering revenue for the third straight month. [3] [Source for commercial growth]