NEVADA GAMBLING REVENUE 22% LOWER IN SEPTEMBER
Nevada’s gambling market continued to decline in September as total gaming revenue fell by 22 per cent year-on-year to $821.1m.
Gaming revenue increased by 10.5 per cent compared to the previous month, with September’s total marking the state’s best monthly performance since casinos reopened in June after their mandated Covid-related closures.
Revenue from slot machines fell by 12 per cent compared to a year ago to $607.5m for the month, accounting for 74 per cent of total revenue.
Revenue from Table, Counter and Card Games declined by 42 per cent to $213.6m, with the most popular games being Twenty One ($64.6m), Craps ($32.8m) and Roulette ($22.5m).
Sports betting revenue fell 37 per cent year-on-year to $32.9m, with American football accounting for revenue of $10.7m, baseball $10.2m, hockey $5.1m and basketball $3.7m. Mobile betting represented 33 per cent of the total at $11.0m.
Race Books contributed $1.3m in revenue, growing by 23 per cent compared to the same period last year.
For the third quarter of 2020, Nevada’s total gambling revenue decreased by 23 per cent to $2,321.0m, comprising $1,679.3m from slot machines and $641.7m from Table, Counter and Card Games, which includes $56.2m from sports betting.
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