Published
CasinoFinancial

US casinos experience 2% revenue decrease in February

The

nevada2
University of Nevada Las Vegas’ Center for Gaming Research have recently published a report which detailed that commercial casinos in the United States reaped a total revenue of $3.3bn in February, amounting to a 2% decrease year-on-year.

New sources have interpreted the information as proof that the revenue decrease was due to the 2016 leap year. The report established that win decreased in almost all the 23 states surveyed, with a few exceptions experiencing growth: Maryland, with a 38% increase; Illinois, with 4.6% growth; Ohio, with a 0.83% increase; Michigan, with 0.7% growth; and New Jersey, with a 0.3% growth. Maryland opened its new MGM National Harbor in December, which accounts for its strong results.

Nevada, reaping 28% of the total gaming revenue in the country, experienced a 4.5% decrease in February. Back in January, commercial casinos saw a 3.5% annual increase to a total of $3.38bn. Maine (with a decrease of 10%) and Mississippi (with a decrease of 9.6%) were experiences the greatest revenue fall in the US throughout the month of February.

Casino News Sponsor
Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Evolution
Crown Resorts
Relax Gaming
Follow Us

Facing Facts: Analysing figures from emerging gambling markets

Where is the gambling market on the rise, and are there any...

Taking Stock: A guide to lottery/iLottery operator and supplier prices

Gambling Insider tracks lottery/iLottery operator and suppli...

New Horizons Cover Feature: United Arab Emirates

With its first land-based casino set to open in 2027 and a n...

New Horizons Cover Feature: Brazil

Brazil performed quite the feat by getting its heavily delay...

The best of Malta at the Global Gaming Awards

Powered by Gambling Insider, the Global Gaming Awards are th...

Preview: SiGMA Malta 2024

A place in the winter sun: SiGMA returns to the home of iGa...

Company profile: Soft2Bet

Bill 55: Advantages and challenges for Maltese operators in...

Company profile: DS Virtual Gaming

DS Virtual Gaming is a leader in the gaming industry, utilis...