Nevada casinos generate $1.04bn revenue for June

Gaming revenue from across Nevada rose 11% year-on-year to $1.04bn for June.

Nevada casinos generate $1.04bn revenue for June

Revenue at the Las Vegas Strip was $906.6m, up 17%, and accounted for 60% of the state’s total; revenue at the Strip had declined in recent months.

Downtown casinos saw the largest increase in Nevada, generating revenue of $52.1m, up 18%.

In Washoe County, only Sparks casinos made positive revenue, rising just 0.2% to $11.2m.

The steepest decline came from South Lake Tahoe, where revenue fell 12% to $16.4m.

For card games, Baccarat saw the highest increase and generated the most revenue at non-restricted locations, rising 114% to $157.9m.

Mini-baccarat however, fell 48% $3.8m, although it was not the largest fall. Bingo and pai gow dropped 58% to $356,000 and 54% to $579,000 respectively.

Slot machines also played a pivotal role in Nevada’s results, climbing 7% to $636.5m.

Sportsbook revenue was $16.6 million for June, returning Nevada to the summit of US sports betting revenue, having been overtaken by New Jersey for the month of May.

The state collected $55m in percentage fees during the month of July, based on taxable revenue generated in June. This represents a 16% increase.  

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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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