Tag: Nevada gaming revenue
Nevada Revenue Hits $1.34 Billion in February
Believe it or not, the amazing run for Nevada revenue continued in February, with gaming generating over $1.3 billion for the state. That’s a jump of nearly 9% from the same time last year, and has some people wondering how long this can continue. In February of 2023, revenue reached a notable $1.24 billion, marking a significant 4.7% increase from January of this year, making it the strongest opening month to a calendar year in Nevada’s history. Among the various gaming options, slots led the revenue charge, generating $827.6 million for the month, a modest uptick of 0.6% from the…
Record Nevada Gaming Revenue Continues
We haven’t mentioned it in a while, but the billion dollar streak for Nevada gaming revenue has quietly been continuing for over two years. November of last year marked the 33rd consecutive month, in fact. And it was helped a lot by the Las Vegas Grand Prix. Statewide, casinos and sports betting were able to bring in just north of $1.37 billion. That’s a jump of more than 12% rise from the same time last year. The resorts on the Las Vegas Strip accounted for close to 55% of the state’s total revenue. Some interesting numbers within the Nevada gaming…
Nevada Gaming Revenue Hits $1.2 Billion in August
Nevada gaming revenue kept up their winning ways in August, extending their winning streak to an amazing 30th consecutive month of generating over a billion dollars. Casinos raked in right at $1.2 billion in revenue, as reported by the Nevada Gaming Control Board. This figure remains largely consistent compared to August of the previous year, albeit a slight decrease from the record-breaking Nevada gaming revenue of $1.4 billion achieved in July. Revenue from the Strip was hit by a decrease of 3.4% in slots winnings, but this was offset somewhat by a gain of over 7% in table game money….
Nevada Gaming Revenue Record Hits 23 Months
They’ve kept it going for nearly two years! Yes, January marked the 23rd consecutive month that Nevada gaming revenue streak has hit the billion dollar mark, according to a report from the Nevada Gaming Control Board. Now, let’s just hope that our reporting this doesn’t jinx them! The state reported revenue for the first month of 2023 to be $1.27 billion, which was nearly a 20% jump from the $1.07 billion they reported in January of last year. That increase was attributed to the continued recovery from the pandemic, as more Covid restrictions were lifted throughout the year. Casino profits…
Nevada Gaming Revenue Does it Again
The streak of billion dollar months for Nevada gaming revenue has now stretched all the way to twenty. Seriously, at this point is it even a surprise? Should we even be reporting this as gambling news? Don’t we all just expect Las Vegas and company to pile up another billion bucks each month? Nevertheless, here we are. The numbers are in for the month of October, and according to the Nevada Gaming Control Board, the state generated just short of $1.3 billion in revenue. The Vegas Strip is usually the biggest winner, and it was again. Casinos along that exclusive…
Streak Continues for Nevada Gaming Revenue
It may seem like old news at this point, but for what it’s worth Nevada gaming revenue was over a billion dollars again in September. This reported by the state Gaming Control Board. And according to our calculations that makes the 19th month in a row that the state has hauled in a billion bucks. The “hot streak” following the closures for the Coronavirus pandemic have been nothing short of amazing. And this September also out performed last September, when gaming in the state “only” brought in $1.16 billion in revenue. It’s all perspective, really. The numbers for September came…