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 Row Nevada Gambling Revenues Top $1 Billion for the 25th Month in a RowDowntown Las Vegas generated $8734 million in gaming revenue up by 1.15% from March 2022.
The 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.
Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.