DOM 19 DE MAYO DE 2024 - 00:01hs.
New report

Nevada gaming market tops US$1 billion for sixth time in 2019

Nevada’s gaming market generated revenue of US$1.02 billion in October, and while this represented a 3.9% year-on-year decline, it marked the sixth time in 2019 that the monthly total surpassed US$1 billion. Sports betting was the third largest source of revenue among the table, counter and card games segment for the month.

The largest single source of revenue was slot machines, which accounted for US$699.1m of the total, an 0.8% improvement on the prior year, with table, counter and card games revenue (including race and sports betting) falling 12.6% to US$322.8m.

However, sports betting handle once again surpassed that of New Jersey in October according to the figures from the Nevada Gaming Commission. Customers staked US$543.5m on sports, which with a hold of 8.81%, generated revenue of US$47.9m, a 61.7% year-on-year increase.

This was driven by a strong performance from betting on football, which saw player stakes increase to US$355.7m. Revenue from football betting soared 131.6% to US$26.2m, leaving it far ahead of the second largest source of revenue, baseball, which generated US$11.5m.

Sports betting was the third largest source of revenue among the table, counter and card games segment for the month.

On the Las Vegas Strip, revenue was down 9.3% at US$538.5m, with a marginal increase in slot revenue falling to offset table, counter and card games’ contribution falling to US$233.6m. Slots’ contribution rose 1.6% to US$304.9m for the month.

Source: iGB North America