According to the report, Nevada casinos‘ combined revenues mark an increase of 3.18% year-on-year and a 4.8% increase on the $1.24 billion reported during February. This is now the 25th month in a row that gambling operators have generated more than a $1 billion in revenues.
Nevada Gambling Revenues Top $1 Billion for the 25th Month in a RowCasinos in Clark County accounted for the majority of March’s increase in revenues as combined revenues for the region came to $1.17 billion an 8.3% jump on the previous month’s total of $1.08 billion. March also marked the eleventh month in a row that Clark County topped the $1 billion mark in revenues.
Nevada Gambling Revenues Top $1 Billion for the 25th Month in a RowThe state collected more than $97.3 million in gaming taxes, a significant increase on the $75.5 million collected in the previous month but a 0.24% decrease on the same period in 2022. However, this is the highest figure collected during the current fiscal year. This means that for the fiscal year 2023, the total tax collected is up by almost 1.3% to $808.9 million.
