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Casino revenues rise in Nevada

Casino revenues rise in NevadaReading Time: 1 minute

 

The Nevada Gaming Control Board has reported statewide casino gaming revenue for October. The overall revenue reached $1.06b, showing an improvement of 7.5 per cent over the same month last year. This is also the first month since May that a single month’s revenue crossed the billion mark. The revenue rose steeply on the Las Vegas Strip by 12.2 per cent to touch $593.4m.

Statewide slot machine revenue increased by 5.7 per cent to $693.5m and overall “table, counter and card games” revenue rose by10.8 per cent to $369.3m.

Blackjack revenues jumped by 40 per cent to touch $125.5m, while Roulette revenues surged by 21.5 per cent to reach $40.4m. Apart from Baccarat, whose revenues fell by 13 per cent, all other games showed gains in revenue. The state’s sportsbooks showed a downward trend in revenues, as the earning dropped to $29.5m in October, from $31.5m in the same month last year. Football betting revenue dropped off by 28.3 per cent to $11.3m, while basketball revenue slided by nearly 25 per cent to $3.7m.


Source: Latest News on European Gaming Media Network

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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