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Nevada gaming revenue slips in August


Nevada’s gambling revenue topped $1.20bn (£1.09bn/€1.23bn) in August, up by 3.5% year-on-year.

However, this was down 8.1% from July.

As usual, slots made up a majority of the revenue, at $847m in August. This was just 0.8% more than in July, but down by 3.8% year-on-year.

More than half of the slots revenue was from multi denomination slots, which accounted for $446m – up by 17.3% from August 2021. Penny slots followed, making up $294m.

The third highest revenue generator was dollar slots at $60m, which fell by 4.0% from July.

For table, counter and card games, the total revenue was $361m, down 24.1% month-on-month. Conversely, this was a rise of 6.0% yearly. Much of this was generated from the card game twenty one, which accounted for $100m of the total- a decrease of 18.8% from the previous month.

Baccarat accounted for $96m of the total revenue, rising 3.8% yearly. Meanwhile, craps set in at third place, generating $39m.

For the three months ended August 31, revenue totaled $3.80bn, up by just 2.5%.

For August, sports betting revenue was $16.0m, down by 0.9% from July but rising by 12.0% year-on-year. Mobile sports betting alone was $9.9m, increasing by 13.7% yearly but down 31.2% from July.

Baseball was the highest contributor to sports betting revenue in August, generating $13.3m.