The Las Vegas Grand Prix has been a source of controversy and legal issues, but it still managed to break records for sportsbooks. Caesars Sportsbooks set a record for the total betting handle for any motorsports event, and other entities like BetMGM, Station Casinos, Westgate SuperBook, and Red Rock Resort also reported record handles for the F1 race. While the success of the event is being celebrated, there is still ongoing debate about the late-night start time of the race.
The late-night start time was chosen to minimize disruption to local citizens who had endured months of headaches due to track construction. However, efforts are being made to ensure an earlier start time for future races. The 10 p.m. local start time, which was 1 a.m. on the East Coast, has prompted pushback from drivers and team executives who are traveling from Europe and have urged for an earlier start time to aid in their time-zone acclimation.
The impact of the race will be more fully understood next month when the Nevada Gaming Control Board releases its monthly report for November. Overall, despite the controversies surrounding it, the Las Vegas Grand Prix was a major success for sportsbooks and motorsports fans alike.