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Nevada gaming revenue passes $1bn for six consecutive month in August


Nevada gaming revenue hit $1.17bn in August, the sixth month in a row that the state has reported a ten-figure total, and a significant improvement on the prior year’s figures. 

Revenue was up 56.9% year-on-year from August 2020 according to the Nevada Gaming Control Board, when the state’s casinos were still subject to capacity limits and social distancing as a result of the Covid-19 pandemic. Compared to July 2020’s record-breaking total, revenue was down 14.3%. 

Slots made up the majority of the month’s total, contributing $825.1m, up 57.0% from the prior year, with a further $340.7m coming from table, counter and card games. This too represented a significant year-on-year improvement, of 56.6%.

Among this segment, blackjack and baccarat were the star performers. Blackjack revenue came to $103.1m, while baccarat contributed $93.1m. Baccarat in particular has performed remarkably in the past two months, with revenue hitting $160.1m in July. 

For sports betting, included in the table, card and counter games segment, customers staked $428.1m, based on revenue of $14.3m, and a win percentage of 3.35%. This suggested August’s handle was up month-over-month, though a drop in the win percentage saw revenue decline. 

As usual, Clark County, where Las Vegas is based, accounted for the vast majority of Nevada revenue in August, bringing in $993.4m, with the Las Vegas Strip contributing $625.7m.