Nevada hit by losses in March despite record sportsbook haul

3 May 2016

Nevada suffered a year-on-year drop in gambling revenue during March, despite the punters in the US state having wagered a record amount via sportsbooks in the month.

According to the Nevada Gaming Control Board, total casino win in March came in at $922 million (€809.8 million), down 3% on the $951 million posted in the corresponding month last year.

Revenue generated by table games fell 3.22% year-on-year to $305.6 million, while revenue from slot machines was also down 2.95% to $616.6 million.

The state did see sportsbook wagers amount to a record $458 million in March, although operators kept just 2.1% of this total compared to 4.5% last year.

The figures will come as a blow to Nevada, which in February posted revenue of $989.8 million, 8% more than in the same month last year.

Related article: Nevada bounces back as revenue climbs in February