Nevada gaming revenue in April up 8.57% year-over-year

Nevada gaming’s April revenue of $1.13bn was an improvement on the same period last year, but a decline on the figures declared last month.
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Nevada gaming’s April revenue of $1.13bn was an improvement on what was reported during the same period last year, but a decline on the figures declared last month.

Data from the Nevada Gaming Control Board has revealed that April’s revenue was an 8.57% year-over-year growth on April 2021’s $1.04bn, but down 16.8% compared to March 2022’s $1.36bn.

Per vertical, Slot machines led the way with $804.1m, a 1.35% increase YoY (April 2021: $793.7m) with a win percentage of 6.84%. Multi Denomination was the top-performing slot with $397.4m, followed by One Cent with $305m.

Table, Counter and Card Games contributed $324.4m towards April’s revenue, a 31.86% rise YoY (April 2021: $245.8m) with a win percentage of 12.51%. Blackjack recorded $94.9m in revenue, followed by Baccarat with $51.8m.

With the sports calendar becoming lighter following the end of the NFL season, sports betting revenue came in at $25.37m, a 31.3% drop compared to March’s $36.93m, as well as a 6.9% decrease YoY (April 2021: $27.24m).

Mobile sports betting revenue came in at $10.52m, a 41.18% decline YoY (April 2021: $17.89m).

With the NBA Playoffs and NCAA March Madness action, basketball saw plenty of wagers, producing revenue of $14.6m during the month, followed by baseball with $7.1m, and hockey with $933,000. Football saw an April earnings loss of $4.1m.