The Las Vegas Grand Prix brought about a historic windfall for sportsbooks, despite causing division among locals and facing legal issues. Despite the controversy surrounding the race, it still managed to attract a huge number of bettors. Caesars Sportsbooks set a new company record for total betting handle on any motorsports event during the Las Vegas Grand Prix, while rival entities BetMGM and local Station Casinos, Westgate SuperBook, and Red Rock Resort similarly reported record handle for an F1 Race. “It was three times Daytona’s numbers,” Craig Mucklow, Caesars vice president of trading, told the Las Vegas Review Journal, referencing the high-profile NASCAR event. “It was well over seven figures.” BetMGM said it tripled the number of bets for any prior F1 event during the Las Vegas Grand Prix.
The 10 p.m. local start time of the race remains a subject of debate, with efforts already in motion to ensure an earlier start. That time was chosen in part to minimize disruption to local citizens who had already endured months of headaches due to the extended track construction. However, several drivers and team executives are also pushing for an earlier start to aid their own time-zone acclimation traveling from Europe as F1 continues to show growing pains in becoming a truly global sport. “In the past, we had no issue because F1 was just for European people,” said Ferrari team principal Fred Vasseur to ESPN. “Now it’s a worldwide project and it’s much more difficult to find something fitting with the expectations of the 24-hour zone.”
Despite these challenges, the Las Vegas Grand Prix proved to be a massive success for sportsbooks and F1 fans alike. As Max Verstappen continued his Formula 1 dominance with his 16th win in 17 races, fans from all over tuned in to catch all the action live from Las Vegas. While there may have been some controversy surrounding the race itself