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Nevada gambling revenue reaches record $14.84bn in 2022

News

Gambling revenue in Nevada amounted to a record $14.84bn in the 2022 calendar year, with land-based slots accounting for more than two thirds of the state’s total revenue.

Overall market revenue in the 12 months through to December 31 was 10.5% more than the previous record of $13.40bn in the previous calendar year.

Slots were responsible for $10.00bn of all revenue for the year, including $5.12bn from multi-denomination machines and $3.59bn from penny slots.

Table, counter and card games revenue amounted to $4.83bn, some $1.29bn of which came from blackjack games and $1.18bn baccarat.

Sports betting revenue, which is recorded with table, counter and card games, hit $446.7m, with $203.2m coming from mobile wagering.

Some $165.6m of all sports betting revenue was from football wagering, while basketball was responsible for $118.7m, baseball $80.4m, hockey $19.2m and parlay cards $10.2m,

December growth

Looking at the final month of 2022, revenue in December reached $1.31bn, an increase of 13.9% on the same month in 2021 and also 7.4% ahead of November 2022.

Slots revenue amounted to $803.5m for the month, while table, counter and card games revenue reached $511.0m.

Sports betting revenue stood at $55.2m, of which $18.1m came from mobile betting in the state.