Nevada reports $1.24bn in gaming revenue for September
Nevada’s casinos reported a $1.2bn gaming win in September, a 7.87 per cent increase year-on-year.
US.- Nevada casinos saw their 19th month in a row with over $1bn in gaming revenue in September. According to the Nevada Gaming Control Board (NGCB), casinos collected $1.24bn in gaming revenue, up 7.87 per cent compared to September 2021.
The Strip accounted for more than 55 per cent of the state’s overall gaming revenue. Clark Country generated $1bn, up 5.5 per cent from the prior-year period. Within Clark County, Las Vegas Strip revenue was up 8.2 per cent year-on-year to $692.9m. Downtown and North Las Vegas revenue amounted to $74 and $23m respectively, also up year-on-year.
Washoe County, which includes casinos in Reno, Sparks, and North Lake Tahoe, saw revenue increase 9.6 per cent year-on-year. South Lake Tahoe revenues grew 394 per cent.
The Nevada Gaming Control Board reported that the state collected $80.3m in percentage fees during the month of October based on the taxable revenues generated in September. The total represents a 10.1 per cent decline compared to October 2021, when percentage fee collections were $72.9m.
Nevada’s sportsbooks recorded their second-highest revenue of all time in September, collecting $70.6m, up 30.2 per cent from a year ago. The total was just shy of the $72m recorded by sportsbooks last November.
Sports wagers totalled $760.8m, a decline of 3.3 per cent from a year ago. The sportsbooks held 9.3 per cent of all wagers, up from 6.9 per cent last September. Mobile sports wagering accounted for 64.6 per cent of all sports bets.
See also: Nevada regulator fines William Hill US over duplicate bets
