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Nevada redacts betting figures as Covid-19 hits April revenue

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The Nevada Gaming Control Board (NGCB) has redacted its figures for sports betting, horse racing and card game revenue in its revenue report for April, which reveals the state’s gaming industry generated just $3.6m. 

Nevada’s casinos, which were shuttered from 11:59pm on March 17, were closed throughout April, meaning gambling revenue fell 99.6% year-on-year.

The $3.6m in revenue is likely to have come from mobile sports betting and online poker, namely WSOP.com, the only network active in the state. 

However, the NGCB’s decision to redact those figures means it is unclear how much came from each product.

Nevada currently has a number of mobile sportsbooks in operation, though the betting market is likely to have been badly affected by the suspension of all major sporting events. 

In March, the vertical contributed just $1.5m to the state’s $618.1m total. Card games, meanwhile, accounted for $6.5m of statewide revenue that same month.

Slot revenue in April, meanwhile, contributed just $79.0 to the month’s total, compared to $468.7m in March.

The shut-down, the first time the casinos on the Las Vegas Strip have been closed since November 25, 1963, the day of John F. Kennedy’s funeral, is nearing its end. Governor Steve Sisolak announced earlier this week that casinos would be allowed to reopen from 4 June. 

Each will be limited to 50% occupancy, with player limits in place for table games, and proper social distancing between all slot machines.

Patrons will also be required to wear masks when in a casino, with stringent in-venue cleaning plans to be observed.