The Las Vegas Grand Prix was a source of controversy and legal issues initially, but it ended up breaking 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. The success of the Grand Prix has been widely hailed as a triumph of engineering and logistics, despite the challenges posed by the track construction that disrupted local residents for months.
However, one issue that remains contentious is the late-night start time of the race. While it was chosen to minimize disruption to local citizens, there are now efforts in motion to ensure an earlier start to the race. 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. As such, this issue will continue to be monitored closely as we await the release of next month’s Nevada Gaming Control Board report on the Grand Prix’s impact on sportsbooks and other aspects of the gaming industry in Las Vegas.