Nevada gaming hits 20th month of over $1bn in revenue in October

Nevada gaming has recorded its 20th month of over $1bn in revenue, with the state’s regulator declaring $1.28bn in October revenues.
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Nevada gaming verticals have recorded their 20th month of over $1bn in revenue, with the state’s gambling regulator declaring revenues of $1.28bn for October.

The Nevada Gaming Control Board (NGCB) has reported October’s $1.28bn in revenue was a 4.83% improvement year-over-year on October 2021’s $1.22bn, and a slight increase on the $1.25bn earned in September.

Per the NGCB’s published figures, slots revenue grew by 10.96% YoY to $877.3m (2021: $790.4m), with the best-performing slot in terms of revenue for the month being multi-denomination with $454m, followed by one cent slots with $307.8m.

The Silver State’s table, counter, and card games contributed $403.4m towards October’s revenue total, a 6.43% decline YoY (2021: $431m), with the top-performing game in terms of revenue being blackjack with $130.6m, followed by baccarat at $66.4m.

Sports betting revenue in Nevada increased by 17.72% YoY to $56.9m (2021: $48.3m), with mobile sports wagering accounting for $27.4m of the total, up 62.19% YoY. Racebook parimutuel reported $2.4m in revenue, down 15.84% YoY.

Per sport, football betting achieved the most revenue in the Silver State during October with $33.3m, followed by baseball with $7.8m, basketball with $6.3m, and hockey with $888,000.