The Las Vegas Grand Prix set a record for sportsbooks, despite initially being a source of controversy and legal issues. Despite the initial controversy, the race drew in large crowds and generated significant revenue for various entities, including Caesars Sportsbooks, which set a record for the total betting handle for any motorsports event.
The success of the Grand Prix was not without its challenges, however. One of the biggest debates surrounding the event was the late-night start time of the race, which prompted pushback from drivers and team executives traveling from Europe. Efforts are currently underway to ensure an earlier start to future races, as many believe that an earlier start time would aid in their time-zone acclimation.
It will be interesting to see how much impact the race had on local communities next month when the Nevada Gaming Control Board releases its monthly report for November. While there were certainly some challenges associated with hosting such a high-profile event, it’s clear that it generated significant revenue and excitement for both locals and visitors alike.