The latest monthly revenue report from the Nevada Gaming Control Board has revealed that the state’s casinos set an all-time record by collecting $1.23B in gaming revenue during the month of May. This beats the $1.17B record set in October 2017 and marks a 25% increase on May 2019’s pre-pandemic figures.
This is also the third month in a row that Nevada’s casinos have posted impressive revenue figures with both March and April also topping the $1B mark.
Nevada Sets All Time Record as Gaming Revenue Tops $1.2B for Month of MayThe strip’s casinos have seen an increase in revenue for the second month in a row with the latest figures marking a 26.7% jump on May 2019’s figures. Slot machines once again proved to be the biggest earner bringing in revenue of $358.3M, up 24.5% from May 2019’s figure and setting an all-time monthly record in the process.
Nevada Sets All Time Record as Gaming Revenue Tops $1.2B for Month of May — the number of tourists that visited the city was down 27% on April 2019 while hotel occupancy was down 24% for the same period.In Downtown Vegas, the most popular district for local gamblers, the latest revenue figures mark a 13% jump on the same period in 2019. The district’s total win of $75.2M is the second-highest monthly total in the area’s history.
Nevada Sets All Time Record as Gaming Revenue Tops $1.2B for Month of May posted a sports betting handle of $477.2M in May, up 4.9% on April’s handle of $454.7M. Sports betting revenue dropped to $27.1M for a 5.7% hold. This generated over $1.8M in taxes for the state.Mobile sports betting accounted for 62.4% of all bets placed, down from 65.3% in April.
Nevada Sets All Time Record as Gaming Revenue Tops $1.2B for Month of May
Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.