Nevada Smashes Yearly Gaming Revenue Record in Just Eleven Months

Nevada Smashes Yearly Gaming Revenue Record in Just Eleven Months

2022 could see revenues break the $14 billion mark

Nevada Smashes Yearly Gaming Revenue Record in Just Eleven Months - Friday, December 30th, 2022 12:55

Las Vegas Strip

The latest revenue report from the Nevada Gaming Control Board (NGCB) reveals that the Nevada casinos collected over $1.2 billion in revenue throughout the month of November.

Nevada Smashes Yearly Gaming Revenue Record in Just Eleven Months

Despite the record breaking year-to-date total, November’s figures were still a 7.6% drop year-on-year and a 6.25% drop on the previous month’s total of $1.28 billion. However, November marked the 21st month in a row that the state reported a billion-dollar revenue month.

Revenues on the Strip amounted to $669.5 million, down by 11.3% on November 2021 and by 5.1% compared to the previous month.

Across the state, table game revenue increased by 6.4% year-on-year while slot machine revenue grew by 10.96%.

Sports betting down by 47.7% year-on-year

Nevada sports betting reported revenues of $34.3 million. This marked a significant drop of 47.7% year-on-year.

Nevada Smashes Yearly Gaming Revenue Record in Just Eleven Months
Jenny Tang

An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.