The latest revenue report from the Nevada Gaming Control Board has revealed that the state’s gambling operators set a new gaming revenue record by topping the $1 billion mark for the ninth month in a row.
Nevada Gaming Revenue Hits $1 Billion for Ninth Month in a Row Nevada Gaming Revenue Hits $1 Billion for Ninth Month in a Row. However, the latest figures mark a 71% increase on the same month in 2020 and a 41% increase on 2019’s figures when NV casinos were open at full capacity.Casinos on the Las Vegas Strip reported $755 million in revenue during November marking a 7.5% increase on the previous month. Revenue on the Strip increased by 45.8% compared to the same period in 2019. As a result, the Strip is up by 7.2% for the year when compared to 2019.
Nevada Gaming Revenue Hits $1 Billion for Ninth Month in a RowIt was also a bumper month for Nevada sports betting as the state’s licensed sportsbooks accepted over $1 billion in wagers throughout the month. This marks the first time in the state’s history that sports betting has topped $1 billion in consecutive months.
Sports betting operators reported revenue of $72 million from $1.1 billion in wagers placed throughout the month. This marks an all-time sports betting revenue record beating the previous record of $61.8 million set in November of 2020.
Mobile sports betting accounted for $776.6 million (71.5%) of all sports betting activity for the month of November.
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.