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Nevada gambling revenue reaches $1.28bn in October


Gambling revenue in Nevada amounted to $1.28bn in October, marking the 20th consecutive month in which revenue has exceeded $1.0bn in the US state.

Revenue was 4.9% ahead of $1.22bn in October last year and also 2.4% higher than $1.25bn in September of this year, according to figures published by the Nevada Gaming Control Board (NGCB).

Slots revenue for the month amounted to $877.3m, up 11.0% year-on-year and still by far the main source of gambling revenue in the state.

Multi-denomination slot machines accounted for $454.0m of slots revenue, with penny slots generating $307.8m.

Revenue from table, counter and card games stood declined 6.4% from $431.0m in October 2021 to $403.4m. Blackjack accounted for $130.6m of total revenue here, with baccarat at $66.4m, craps $37.3m and roulette $33.0m.

Sports betting revenue, reported as part of the table, counter and card games segment, was $56.9m, an increase of 17.8% from $48.3m last year. The NGCB noted that mobile sports wagering made up $27.4m of this total.

Football betting accounted for $33.3m of all sports betting revenue activity in the month, due to the new NFL season that also kicked off in September. Baseball betting revenue hit $7.8m and basketball wagering $6.3m.

The NGCB also said revenue from parti-mutuel sportsbooks reached $2.4m in October.