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Nevada gambling revenue slips to $1.22bn in November


The Nevada Gaming Control Board (NGCB) reported a 7.6% year-on-year decline in gambling revenue for November, though statewide revenue exceeded $1.00bn for the 21st consecutive month.

Revenue for the month amounted to $1.22bn, which was down from $1.32bn in November of 2021 and also 4.7% lower than $1.28bn in October 2022.

Slots remained the primary source of revenue in Nevada, with revenue from the machines amounting to $871.1m, up 1.3% year-on-year. Multi-denomination slot machines generated for $460.8m in revenue, with penny slots at $300.6m.

Table, counter and card games revenue was down 24.2% to $349.8m. Blackjack revenue for the month stood at $95.9m, with baccarat at $58.7m, roulette $40.2m and craps $38.3m.

Nevada sports betting

Sports betting, which is recorded as part of the table, counter and card games segment, was $37.7m, down 47.6% year-on-year. Of this total, $20.1m came from mobile wagering.

Football betting accounted for $22.9m of betting revenue in November, while basketball was responsible for $9.7m in revenue, $2.9m ice hockey, $1.0m parlay cards and $5.8m other sports.

However, operators suffered a $4.7m loss from baseball betting during the month, which was likely mostly due to World Series futures that were placed in earlier months.