Nevada gaming records second-highest monthly revenue of 2022 in May

Nevada gaming recorded its second-highest monthly revenue total of the year in May with $1.3bn, just shy of March’s $1.36bn total which holds the top spot.
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Nevada gaming recorded its second-highest monthly revenue total of the year in May with $1.3bn, just shy of March’s $1.36bn total which holds the top spot.

Data from the Nevada Gaming Control Board has revealed that revenue improved by 5.71% year-over-year compared to May 2021’s $1.23bn, and up 15.2% monthly on April’s $1.13bn.

Per vertical, Slot machines led the way with $870.1m, a 3.52% change YoY (May 2021: $840.9m) with a win percentage of 7.31%. Multi-Denomination was the top-performing slot with $430.7m, followed by One Cent with $326.1m.

Table, Counter, and Card Games contributed $429.9m towards May’s revenue, a 10.43% rise YoY (May 2021: $389.2m) with a win percentage of 14.46%. Baccarat led the way with $134.4m, followed by Blackjack with $107.7m.

With the sports calendar still on the lighter side, sports betting revenue came in at $26.99m, a 6.43% increase on April’s $25.37m, but a 0.3% decrease YoY (May 2021: $27.08m).

Mobile sports betting revenue came in at $16.43m, a 23.66% improvement YoY (May 2021: $13.29m).

Baseball and basketball wagering led the way during the month with the MLB season in full swing and the NBA Playoffs reaching the final stages. Baseball recorded $12.1m in May revenue, followed by basketball with $9.58m, and hockey with $1.5m. Football suffered a loss of $2.6m, its third monthly loss in a row.