12/23/2023 0 Comments Nevada online casino revenue![]() According to Lawton consumer demand was “driven by healthy consumer savings as the result of stimulus payments and the sustained rebound of leisure travel.”Ĭasinos on Las Vegas Strip reported a drop in revenue to $650.8 million for December although this was a 10% increase on the same period in 2019. Gaming Control Board Senior Economic Analyst Michael Lawton told the Nevada Independent that casino and gaming revenues improved as a direct result of vaccine rollouts and the lifting of capacity restrictions on gaming floors. The state has only topped the $12 billion mark on three previous occasions - 2019, 2007, and 2006. Revenue for the year was almost 71% higher than in 2020 and comfortably beat the previous record of $12 billion set in 2019. December’s figure of $1.15 billion means that gambling operators in the state generated over $13.45 billion in revenue for the calendar year 2021-almost double the amount made in 2020 and a new state record. In October Nevada’s state’s licensed sportsbooks took in over $1.1 billion in betting wagers. The Nevada Gaming Control Board has released its latest gaming revenue report revealing that the state’s licensed gambling operators have now broken the $1 billion mark for ten months in a row.
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