Published
Land-BasedCasinoFinancial

Nevada gaming revenue slightly up in April

Neva

nevada2
da’s gaming revenue was up 1.19% in April compared to same period last year, according to data released by The Nevada Gaming Control Board.

The regulatory body said the state took in more than $886.1m from gamblers in April compared to last year’s $876, with Las Vegas Strip casinos accounting for over half of that revenue with almost $475.4m.

Gaming revenue at casinos in downtown Las Vegas grew by 22% to $52.3m, whilst revenue in Reno was down by 4.8% to $47.7m. In Stateline, casino revenues were down by 4.6% to $13.3m.

The state benefited with about $44.3 million in percentage fees based on the taxable revenues generated in April.

Whilst Nevada has seen some growth in April it’s significantly lower than the 7.45% growth reported in March. However, the board explained that March was driven by the NCAA basketball tournament as well as positive numbers.

Premium+ Connections
Premium
 
Premium
 
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Mohegan
Mohegan Inspire
DraftKings
The Star Entertainment Group
Follow Us

Company profile: Growe Partners

Dominate the Sports Betting Affiliate Arena with Growe Partn...

Company profile: GR8 Tech

The sportsbook provider discusses turning sportsbooks into a...

Analysing sports betting data from the African Cup of Nations 2024

Sports betting supplier Betby provides Gambling Insider with...

LiveScore Group: Football’s changing relationship with fans

Gambling Insider delves deeper into LiveScore’s Evolution...