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Nevada gambling revenue reaches record $1.36bn in July


Gambling revenue in Nevada reached a new all-time high of $1.36bn in July, partly due to a record performance by sportsbooks in the US state.

July’s total surpassed the previous record of $1.23bn set in May this year, making July 2021 the most successful month for the state since it legalized gambling in 1931.

The month and was also up 79.7% year-on-year from $756.8m in July 2020 and 14.3% higher than the $1.19bn posted in June of this year.

Clark County, home to Las Vegas, was responsible for $1.16bn in revenue during the month, while the famous Las Vegas Strip contributed $409.6m in revenue to the monthly total.

Looking at gambling products and services, slots remained by far the most popular form of gambling in Nevada, generating $873.7m in revenue in July, up marginally from $868.1m in June.

Revenue from table, counter and card games jumped 49.5% month-on-month to $468.2m, with blackjack out in front on $160.1m in revenue, followed by blackjack on $122.2m.

Meanwhile, sportsbook revenue, including within this segment, reached a record $33.3m and pari-mutuel racebook revenue amounted to $3.2m.

Baseball was the most popular sports to bet on among players, accounting for $19.0m in revenue, some way ahead of basketball on $5.9m.

Figures published by the Nevada Gaming Control board also showed that $13.6m in sports betting revenue was generated by bets placed via the internet.