Nevada casino revenue surpasses $1bn for 11th month

Nevada's casino revenue has again come in at over $1bn.

02/26/22

According to the Nevada Gaming Control Board, casinos revenue for January was almost $1.1bn, up 41.6 per cent compared to the same month 2021.

US.- Nevada casinos have generated revenue of more than $1bn for an 11th month. Casinos generated almost $1.1bn in gaming revenue in January, according to the Nevada Gaming Control Board. That’s a 41.6 percent increase over January 2021, when casinos were still operating under Covid-19 restrictions.

The Strip accounted for more than half of the state’s total, collecting $567.2m in gaming revenue in January, up 76.4 per cent from a year ago and also 6.6 percent higher than January 2019.

Sports wagering generated $1.11bn in wagers, a new record and a 71.7 per cent increase from January 2021. Sports betting revenue was $50m, down 4.6 per cent from the same month last year ($52.4m). The state collected close to $3.4m in sports wagering taxes in January.

Super Bowl bets hit record $179.8m in Nevada

Players in Nevada wagered a record $179.8m on this year’s Super Bowl LVI, beating the previous record from 2018. The amount spent at the state’s 179 licensed sportsbooks on February 13 surpassed the previous record of $158.9m by 13.2 per cent.

According to the Nevada Gaming Control Board (NGCB), operators generated $15.4m in revenue, some way behind the record $19.7m set in 2014. The 2022 win total is the third highest on record since the NGCB started tracking wagers in 1990, surpassed only by 2014 and 2020.

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Land-based casinos Nevada Nevada Gaming Control Board