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Statewide Casino revenue in Nevada up in September

Statewide Casino revenue in Nevada up in September
Statewide Casino revenue in Nevada up in September

Sportsbooks in Nevada took in a record $571 million in bets in the month of september, in which $389 millions were wagered by the football fans.

On Tuesday, Data was released by Nevada Gaming Control Board show casinos won $56.3 million from the total wagered in sports, setting the highest sports pool win ever. Most of it, $44.3 million came from bets on football.

The Boards monthly revenue report  showed that casinos across the state raked in $991.2 million last month. It is up by 1.3% over in september 2017.

“look, it was $991.2 million. We were away by $8.8 million to reach billions,” said Michael Lawton senior research analyst from the board. “If we would have held a little better in baccarat, we would have hit a $1 Billion. So it was a good month”.

Players last month gambled $717.8 million in the high stakes game of a baccarat. That was a decrease of $124.5 million over the year. The card game yielded casinos $70.4 million, down by $25.9 million compared with september 2017.

Las Vegas Strip Casinos saw their revenue decrease 3.7% to about $546 million last month, when visitation to the tourist destination also dropped.

The State benefitted with about $54.5 million in percentage fee based on the taxable generated in September.

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About the author

Caleb Jose

Caleb Jose

Caleb is based out of Kansas City and he is responsible for overseeing day-today processes of Casino Buzz. He takes care of the backend technology, along with being the main data collector and reporter for Casino Buzz. He can be reached out at cj@casino.buzz

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