Nevada gaming market tops $1bn for sixth time in 2019
Nevada’s gaming market generated revenue of $1.02bn in October, and while this represented a 3.9% year-on-year decline, it marked the sixth time in 2019 that the monthly total surpassed $1bn.
The largest single source of revenue was slot machines, which accounted for $699.1m of the total, an 0.8% improvement on the prior year, with table, counter and card games revenue (including race and sports betting) falling 12.6% to $322.8m.
However, sports betting handle once again surpassed that of New Jersey in October according to the figures from the Nevada Gaming Commission. Customers staked $543.5m on sports, which with a hold of 8.81%, generated revenue of $47.9m, a 61.7% year-on-year increase.