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Nevada casinos: $1.23bn in gaming revenue sets all-time record

Nevada casinos have reported $1.23bn in revenue for May, creating an all-time state record.  

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The previous record was set in October 2017 with the amount of $1.17bn; meanwhile, the current record is a 25% increase from May 2019.  

The month also marks the third month in a row that Nevada casinos have surpassed $1bn in gaming revenue; the last time the state achieved this was in 2019 from September to December.  

As reported by Forbes, Senior Analyst for the Nevada Gaming Control Board, Michael Lawton, said: “We’re surprised, if you would’ve asked me last month, I wouldn’t have said we’d hit $1bn three months in a row. 

“There’s strong demand, consumers are healthy, and visitation to the Strip is rebounding.” 

The gaming board is hoping to reach the $1bn mark for a fourth consecutive month; the last time the state-managed that was from December 2007 to April 2008.  

During May 2021 amongst all non-restricted locations in Nevada, total revenue generated from slot machines amounted to $841m; meanwhile, table, counter and card games reached $389m.  

The one-cent slot machines turned out to be the most popular, yielding $360m in comparison to five-cent machines making only $4m.  

Meanwhile, the most popular card game was Baccarat which produced $108m, while in second place the Twenty-One card game made $99m.  

In total, 4,777 units of table, counter and card games, and 118,205 units of slot machines contributed to the amounts mentioned above.  

 

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