Nevada casino win down for February

da casino revenue fell by 1.1% year-on-year in February, despite being up 0.9% over the 12-month period dating back to March last year.

The figures were released by the Nevada Gaming Control Board, and showed that the monthly total of $916.1m is down from $926.1m in February 2014, which at that time was a 13.7% decrease.

The latest monthly total is down 3.8% from January’s $952.7m, which was a 7.8% year-on-year hike, the biggest since June, and February marked the fifth month that revenue has declined in the eight months since then.

A total of $11.1bn has been generated by Nevada casinos in the latest 12 months of recorded revenue, up from $11bn.

Slot game revenue totalled $565m, up 4.9%, and table game revenue totalled $342.6m, down 9.4%.

Revenue for Las Vegas Strip casinos suffered a 4.4% downturn to $531.3m from $555.7m.

Casino win for the three-month period between 1 December and 28 February decreased 0.9% to $2.82bn from $2.84bn.

Sports pool betting in the state generated revenue of $14m, down 54.3% from $30.6m.

The Control Board voted in February to allow Nevada sportsbooks to offer wagers on the 2016 Summer Olympic Games in Rio de Janeiro, following a ban on Summer and Winter Olympic betting that was placed on the state in 2001.