Roughly $3 billion is wagered on sports each year, and since PASPA was overturned, that number is increasing drastically. When PASPA was overturned in 2018, it opened up Nevada sportsbooks to accept new betting options and more money for the state. States began challenging the lawmakers over the years, and New Jersey began taking charge in the fight against PASPA in 2011. Once PASPA was passed in 1992, which prohibits sports betting in the United States, Nevada, along with three other states received immunity, allowing single-game wagering. The state legalized sports betting in 1949 and was the first state to do so. With a sports betting history that dates all the way back to the 40s, let's take a look into the past. Top Online Sportsbooks for Betting in Nevada Nevada State Sports Betting Timeline