Ohio Launches Online & Retail Sportsbooks
January 3, 2023
iBET Sports Betting & Gaming ETF Up Big
January 4, 2023

Nevada Breaks Gaming Revenue Record With Time Left To Increase

January 4, 2023

The Nevada Gaming Control Board has just unveiled their November revenue report showing that state casinos collected over $1.2 billion for the month. This marks a new record, bringing Nevada’s year-to-date total gaming revenue to over $13.5 billion, putting them in a good position to gain more than $14 billion in revenue for the calendar year. The November were a 7.6% year-on-year drop and 6.25% drop from October, but it also marks the 21st consecutive month with over $1 billion in revenue. Of the $1.2 billion the Strip was responsible for $669.5 million with table game revenue increasing 6.4% year-on-year and slot machine revenue growing 10.96%. Sports betting reported revenue of $34.3 million, a 47.7% year-on-year drop with sportsbooks accepting $928.2 million in November.