Tag: Nevada 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…
Nevada Gaming Revenue Falls Amid Covid Return
Despite Las Vegas casinos returning to full capacity, Nevada gaming revenue fell 3.3% in the month of June. The reporting of this fall coincides with the return of the new Coronavirus Delta variant which has been causing concerns of returning restrictions and the possibility of another Las Vegas casino closure. Despite this seemingly bad news, the fall in revenue may simply be a result of the record $1.23 billion set in May. With that in mind, a 3.3% drop still found that casinos in Sin City still managed to bring in $1.19 billion in June, according to figures provided by…