× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine
GGA 2020 AffiliateCon
NEWS 1 December 2017

Mixed results for Nevada in another record-breaking month

By Caroline Watson
Nevada has exceeded expectations yet again with another record month for the US state. After a monumental betting handle of $558.4m in the month of September, October also surpassed the $500m mark.

The handle in October came in at an impressive $522m, representing the best-ever performance by Nevada sportsbooks in the month of October.

Although this figure seems impressive, according to the Legal Sports Report, the $31.4m in revenue generated by sportsbooks is the lowest amount since 2014 and somewhat disappointing in comparison to the $42.3m recorded in October 2016.

The Nevada Gaming Control Board also revealed that despite a 0.65% drop in tourism levels in the city of Las Vegas, Nevada casinos reported combined gaming win revenue of $988.7m for October.

These figures show a 0.27% increase in comparison to the same month a year prior, and up on the $980m that was recorded in September this year.

Furthermore, slots revenue increase 3.8% year-on-year to $655.5m off a win percentage of 7%, but games and table revenue dropped 6% to $333.2m, with a higher win percentage of 13.84%.
RELATED TAGS: Land-Based | Industry | Financial | Casino
IN-DEPTH 18 February 2020
A decade to remember

Systems and Software
We have partnered up with deVRealm in a joint venture for the development of new gambling technology platforms. The primary ...
1xPartners is the innovative and exciting affiliate program offered by 1xBet, one of the world's leading sportsbooks and casinos. Offering ...
Newgioco Group
Systems and Software
Newgioco Group, Inc. (OTCQB:NWGI) is a premier leisure betting technology company providing regulated online and land-based gaming and sports ...
Digital Isle of Man
Legal and Jurisdictions
Digital Isle of Man is responsible for the thriving Digital sector in the Isle of Man, spanning the Island's international ...
PR and Marketing
ActiveWin has ripped up the rulebook on the traditional agency prototype. Our model is based on performance - as you ...
Global Gaming Awards
Industry Awards
The Global Gaming Awards London recognise the most innovative companies and individuals of the gaming world. The Awards are powered ...
Systems and Software
BetConstruct is a global award-winning technology and services provider for online and land-based gaming industry. BetConstruct's innovative and proven offerings ...
Systems and Software
NSoft is an award - winning internationally recognized software solutions provider for betting industry. The company has more than 200 employees ...
Zimpler provides a complete In and Out payment solution for online services. That means we take care of identifying the ...
Systems and Software
The Leading iGaming Software Supplier in Asia