The latest revenue report from the Nevada Gaming Control Board (NGCB) reveals that the Nevada casinos collected over $1.2 billion in revenue throughout the month of November.
This brings the year-to-date total revenue for 2022 to a record-breaking $13.5 billion, $100 million more than the 2021 year total. This puts Nevada on track to generate more than $14 billion in revenues for the calendar year.
Despite the record breaking year-to-date total, November’s figures were still a 7.6% drop year-on-year and a 6.25% drop on the previous month’s total of $1.28 billion. However, November marked the 21st month in a row that the state reported a billion-dollar revenue month.
Revenues on the Strip amounted to $669.5 million, down by 11.3% on November 2021 and by 5.1% compared to the previous month.
Across the state, table game revenue increased by 6.4% year-on-year while slot machine revenue grew by 10.96%.
Sports betting down by 47.7% year-on-year
Nevada sports betting reported revenues of $34.3 million. This marked a significant drop of 47.7% year-on-year.
Sportsbooks accepted over $928.2 million in wagers throughout the month of November, down 14.5% from 2021’s November figure of $1.1 billion. Mobile wagering in October accounted for almost 69.2% of all sports betting activity.
An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.