Nevada gaming revenue slightly up in April

Nevada’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.

Nevada gaming revenue slightly up in April

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.

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