Nevada’s April revenue drops 2% to $936m, despite 32% sports betting rise

Total gaming revenue in Nevada declined for the fourth straight month, totalling $936.5m in April, a 2% year-on-year decrease.

Figures released by the state’s Gaming Control Board (NGCB) show revenue at the Las Vegas strip dropped 4%, the highest decline of any region in Clark County, generating $481.9m.  

Boulder Strip made the second-highest total in the County, $78m, down 0.24%, while Downtown operations increased revenue by 2% to $61m.

North Lake Tahoe, based in Washoe County, saw the biggest drop, falling 16% to $1.2m.

Sportsbooks in Nevada generated $21.6m for April on a $328m handle. This represents a significant increase of 32%.

Out of table games, twenty one blackjack was the top taker for Nevada, making $83.7m in revenue. This however, was an 11% drop.

Baccarat came in second, generating $66.8m in revenue for the month, up 2%.

In the slots category, one cent slot machines generated revenue of $293.4m, a 2% rise, while multi denomination slots revenue also grew 2% to $278.8m.

Topics
Land-BasedCasinoFinancialSports Betting
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Matthew Enderby
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Matthew Enderby is a journalist who served as a Staff Writer at Gambling Insider from October 2018 to December 2019. During his tenure, he reported on breaking industry news, regulatory developments and market trends affecting the global gambling and iGaming sector, contributing authoritative coverage for both the Gambling Insider website and associated print titles.

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