December’s total saw 2019’s revenue reach US$12.03bn, the third-highest annual total in the state’s history and the fifth consecutive year of year-on-year improvements with the highest ever being US$12.8bn in 2007.
Nevada’s slot machines drove the increase with a jump in revenue of 10.1% in December to US$700.1m. 2019 saw slots increase by a more modest 2.9% to US$7.93bn. Tables fell by 1.7% in December to US$357.4m, with 2019’s total down 2.5% to US$4.1bn.
The main reason was a drop in baccarat, which fell by 25% in December to US$76.1m and by 13% to US$1.05bn for the year as a whole.
Nevada’s sportsbooks posted a record US$329.1m in revenues during 2019, an increase of 9.5% with a record handle of US$5.319bn during 2019, a 6.2% increase from US$5.01bn in 2018.
Source: GMB