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Nevada gambling revenue dips in June


Gambling revenue in the state of Nevada declined both month-on-month and year-on-year in June, according to the Nevada Gaming Control Board.

Total revenue for June amounted to $1.25bn. This was 2.3% less than $1.28bn in June 2022 and also 3.1% lower than $1.29bn in May this year.

Slots were again the main source of revenue during the month. Revenue from slot machines reached $836.2m, down 0.3% year-on-year. Of this total, some $486.2m came from multi-denomination slots, while penny slots generated $255.2m.

Table, counter and card games revenue was also down, slipping 6.5% to $409.6m. Blackjack drew the most revenue at $104.0m, with baccarat second on $100.5m following a 29.8% year-on-year drop.

In terms of sports betting, reported as part of table, counter and card games, revenue here was 60.1% lower at $9.5m.

Baseball betting generated $14.5m in revenue, but losses across other sports resulted in less revenue for the market segment.

Hockey betting led to a $6.6m loss for operators, while football wagering loss hit $1.6m. A further $328,000 was lost on basketball bets, while wagering on other sports generated $3.5m in revenue.

Focusing on Las Vegas, revenue in the Clark County area amounted to $1.07bn in June. On the Las Vegas Strip, revenue reached $727.3m.