Nevada casino revenue increases 3% for July

Both of the state’s main gambling regions experienced small growth, with Las Vegas Strip revenue of $541.8m, an increase of 2%, and Reno revenue of $57.3m, also a 2% rise.

A decline in Baccarat saw total revenue of $77.1m for the game, a 24% decrease.

However, slot machine revenue increased 4% to $695.9m.

In sports betting, Nevada casinos generated $10.5m, an impressive 154% growth.

But, despite Nevada’s climb in revenue, New Jersey is so far providing a brilliant advert for the legalisation of mobile sports wagering.

New Jersey sports betting handle surpassed Nevada’s for the second time this year for July, with Nevada also taking less revenue than New Jersey, which generated $17.9m for the same month.

While both states allow sports betting apps, players are able to sign up remotely in New Jersey, leading to an increase in online betting in the state.

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Owain Flanders

Journalist

Owain Flanders is a journalist who spent over a year with Gambling Insider, first joining as an Editorial Intern in August 2019 before progressing to Staff Writer from November 2019 to December 2020. During his tenure, he covered a wide range of developments across the global gambling and iGaming sectors, producing original news stories, in-depth features and analytical pieces for the Gambling Insider website and its bi-monthly magazine.

Owain interviewed CEOs, analysts and senior marketing executives on emerging trends, regulatory issues and commercial strategy, bringing authoritative insight to a professional B2B audience.

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