Nevada Gaming Revenue Grows 7.4 Percent In March
Nevada’s nonrestricted gaming licensees reported total gaming win of $991 million for the month of March, according to figures from state officials.
The amount was a 7.45 percent increase compared to March 2016, when the casinos won $922.3 million from gamblers. For the fiscal year (July 1, 2016 through March 31, 2017), gaming win has increased 3.2 percent.
Nevada collected $80.5 million in tax revenue from March, up 10.4 percent year-over-year.
Slot machine revenue of $655.4 million was up 6.3 percent year-over-year. Win from table games and sports betting was $335.6 million, a 9.8 percent increase.
Poker accounted for $9.8 million. Thanks to a record amount bet on basketball, the sports books were able to win $31.4 million.
Blackjack grew 12 percent year-over-year to $112 million.
Roulette, which had been seeing a resurgence in recent months, cooled off in March. Revenue from that game fell three percent to $28.6 million.
Nevada had a strong March despite baccarat, the second most lucrative table game, falling 11 percent year-over-year to $58.4 million
Through the first three months of 2017, Nevada’s casinos won nearly $3 billion from gamblers, up 4.8 percent compared to the same period in 2016.