Nevada completes full year of at least $1bn monthly gaming revenue

Nevada gaming continued its upward trend in February, completing a full year of surpassing the billion dollar mark in revenue every month.
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Nevada gaming continued its upward trend in February, completing a full year of surpassing the billion dollar mark in revenue every month.

Data published by the Nevada Gaming Control Board has revealed that February’s gaming revenue reached $1.11bn, a 44.1% year-over-year improvement, and a 3.3% growth over January’s $1.08bn.

It is also the 12th month in a row that the Silver State’s operators surpassed the $1bn mark in monthly returns, continuing a streak that began back in March 2021.

Per vertical, Slot Machines led the way, contributing $764.4m towards the month’s revenue total, a 44% growth YoY (Feb 2021: $530.8m) with a win percentage of 6.91%. Multi Denomination slots generated the most revenue with $377.5m, followed by One Cent slot machines with $282.4m.

Table, Counter, and Card Games delivered $348.8m towards February’s revenue, a 44.3% increase YoY (Feb 2021: $241.6m) with a win percentage of 12.25%. Blackjack produced $114m in revenue, followed by Baccarat with $63m.

Sports betting revenue in February totaled $30.9m, a 2.9% drop YoY, $9.1m of which came from mobile sports betting. 

Despite the Super Bowl taking place during the month, Basketball overtook Football as the sport that generated the most revenue in February compared to the previous month. Basketball produced $12.5m in revenue, while Football followed closely behind with $11.1m.

Back in February, the Nevada Gaming Control Board declared that just under $180m was wagered on this year’s Super Bowl LVI at the state’s sportsbooks.