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.



Leave a Reply

Your email address will not be published. Required fields are marked *