Nevada November revenue down 3 percent; sportsbooks hit record handle
Nevada brought in $937m of gaming revenue in November, down 3% year-on-year.
The state earned a record sports betting handle of $617m, which marks the first month that Nevada sportsbooks surpassed $600m in wagers.
Revenue from sports betting totaled $31m.
Nevada safely outpaced New Jersey’s November sports wagering handle of $563m.
Football accounted for over half of the November handle with $385m bet on the gridiron.
Basketball earned $167m in handle.
Revenue for the month would have been higher if not for the payout of World Series wagers, which costed sportsbooks $6.2m.
Table and card games produced $321m of revenue, a decline of 3%.
Casinos were hit hard at the baccarat table, where revenue dropped 23%.
Slots earned revenue of $617m, also down 3%.
Las Vegas Strip casinos earned $518m of the state’s November gaming revenue, hampered by a 6% drop off in table and card games revenue.
Downtown Las Vegas saw a 6% revenue decline with a pull of $52m.
North Las Vegas took in $19m of revenue, down 15%.
South Lake Tahoe suffered a tough month as revenue reached $14m, which marks a drop off of 19%.
Reno fared better than most of the state with revenue of $69m, down less than one percent.
Tags/Keywords
Players trust our reporting due to our commitment to unbiased and professional evaluations of the iGaming sector. We track hundreds of platforms and industry updates daily to ensure our news feed and leaderboards reflect the most recent market shifts. With nearly two decades of experience within iGaming, our team provides a wealth of expert knowledge. This long-standing expertise enables us to deliver thorough, reliable news and guidance to our readers.
Latest News
