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Nevada gambling revenue reaches record $14.6bn in 2021-22


Nevada set a new gambling revenue record of $14.63bn in the 2021-22 financial year, while revenue in the state surpassed $1.0bn for the 16th consecutive month during June.

Revenue for the 12 months to June 30 was 37.2% higher than $10.66bn in the 2020-21 financial year, though the previous year was impacted by novel coronavirus (Covid-19) measures such as capacity limits and social distancing. These were largely removed or relaxed for 2021-22.

This total also comfortably beat the previous yearly record of $12.70bn that was set in 2007-08, according to figures released by the Nevada Gaming Control Board (NGCB).

Slots remained by far the main source of gambling revenue, generating $9.83bn in revenue during the year, up 29.0% from $7.56bn in the previous year. Multi-denomination slots drew $4.7bn in revenue, while penny slots generated $3.8bn.

Table game revenue was 54.8% higher at $4.80bn for the year, with blackjack leading the way here on $1.29bn in revenue, ahead of Baccarat with $1.20bn for the year.

Sports betting revenue was $432.1m, up 5.8% from $408.1m, with mobile accounting for $188.4m of this total. Basketball drew the most revenue, with $147.7m for the year, then football on $136.8m.

Geographically, venues in Clark County – which includes Las Vegas and its surrounding areas – brought in $8.11bn in revenue, with Las Vegas Strip revenue at $4.46bn.

Looking at June, the final month of the 2021-22 financial year, total revenue was $1.28bn, up 7.6% year-on-year.

Slots were again the main draw for players, but revenue from these machines declined 3.4% to $838.8m. Multi-denomination slots led the way with $430.8m in revenue, followed by penny slots on $302.0m.

Table games revenue hiked 34.7% to $438.3m, with baccarat revenue at $143.2m and blackjack $89.6m. However, sports betting revenue slipped 18.5% to $23.8m.

Revenue in Clark County amounted to $1.11bn, with Las Vegas Strip revenue at $734.8m.