Published
Casino

Nevada casino revenue increases 3% for July

Nevada’s casino revenue was $1.02bn for the month of July, an increase of 3% year-on-year, as reported by the Nevada Gaming Control Board.

nevada

Both of the state’s main gambling regions experienced small growth, with Las Vegas Strip revenue of $541.8m, an increase of 2%, and Reno revenue of $57.3m, also a 2% rise.

A decline in Baccarat saw total revenue of $77.1m for the game, a 24% decrease.

However, slot machine revenue increased 4% to $695.9m.

In sports betting, Nevada casinos generated $10.5m, an impressive 154% growth.

But, despite Nevada’s climb in revenue, New Jersey is so far providing a brilliant advert for the legalisation of mobile sports wagering.

New Jersey sports betting handle surpassed Nevada’s for the second time this year for July, with Nevada also taking less revenue than New Jersey, which generated $17.9m for the same month.

While both states allow sports betting apps, players are able to sign up remotely in New Jersey, leading to an increase in online betting in the state.


Casino News Sponsor
Premium+ Connections
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Seminole Hard Rock Support Services
Seminole Hard Rock Support Services
Metropolitan Gaming
Holland Casino
Nederlandse Loterij
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...