Nevada Gambling Revenue Tops $1 Billion for 12th Straight Month

Nevada Gambling Revenue Tops $1 Billion for 12th Straight Month

Vegas recovery continues to gather pace

by - Thursday, March 31st, 2022 9:00

Las vegas gaming revenue
Nevada Gambling Revenue Tops $1 Billion for 12th Straight Month from the Nevada Gaming Control Board (NGCB) has revealed that the state’s licensed gambling operators reported over $1.1 billion in gaming revenue for the month of February.

The latest figures mark the 12th month in a row that Nevada casinos and sportsbooks generated more than $1 billion in a month. The $1.1 billion in revenue was also the highest total for the month of February in the state’s history beating the previous record of $1.7 billion set in 2013.

Nevada Gambling Revenue Tops $1 Billion for 12th Straight Month
According to the report, state gaming revenue in February was up by 10% when compared to the pre-pandemic levels recorded in February 2019.

Nevada Gambling Revenue Tops $1 Billion for 12th Straight Month

February’s stellar month was driven by high tourist numbers as the Las Vegas Convention Center and Visitors Authority reported that visitor volume was up by 70% when compared to February 2021. However, despite the huge win in revenue, visitor numbers were still 18% short of 2019’s figures.

Nevada Gambling Revenue Tops $1 Billion for 12th Straight Month. This was an increase of 72% on the same period in 2021. Meanwhile, Downtown Las Vegas casinos reported revenues of $69.2 million up  2.3% from the $67.6 million reported in January and by 33.9% when compared to 2021’s figures.

Nevada Gambling Revenue Tops $1 Billion for 12th Straight Month

Sports betting billion-dollar streak ends

Nevada Gambling Revenue Tops $1 Billion for 12th Straight Month Nevada Gambling Revenue Tops $1 Billion for 12th Straight Month.

Natasha Lyndon

Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.

Nevada Gambling Revenue Tops $1 Billion for 12th Straight Month