Coronavirus outbreak causes empty Nevada sportsbooks, reduced gaming and hotel revenues Howard Stutz, The Nevada Independent · March 13, 2020 at 3:08 pm It’s going to be a quiet few weeks inside Nevada’s sportsbooks. The cancellation of the NCAA Men’s and Women’s College Basketball Championships on Thursday – better known as March Madness – added to the financial burden heaped onto the state’s resort industry by the coronavirus outbreak. Domestic and international travel to Las Vegas has diminished and large conventions have been canceled. Without the busy four days of March Madness, coronavirus will take another big chunk out of the state’s $5 billion a year sports betting industry. Between Wednesday night and Thursday morning, the NBA, NHL and Major League Baseball put their seasons on hold for indefinite periods as concerns over the spread of the virus made large-scale events a potential hazard. Late Thursday afternoon, the upstart XFL, which gave football bettors a reason to visit the sportsbooks, suspended the remainder of its inaugural season.