A year of “widespread growth” was welcomed by the Nevada Gaming Control Board who said that all 16 of the markets it regulates reported revenue increases over the last year for the first time in 18 years.
Mike Lawton, Senior Analyst with the control board, said: “We are happy with that increase. We like to see that widespread growth across all markets. We haven’t had a report like this in quite some time. Every one of those markets is in positive territory.”
“That hasn’t happened since fiscal year 2000, where every market came in positive for the fiscal year,” Lawton added.
Lawton said the positive trend was driven by an increase in slot revenue, which added Slots accounted for US$7.5bn of the total an increase of $257.6m year-on-year and representing about 70 per cent of the total.
Revenue from table games and sports books increased to US$4.2bn from US$4.1bn with sportsbooks generating US$281.6m, the most they have ever earned. Strip casinos accounted for US$6.6bn of the total and were up two per cent whilst Downtown Las Vegas generated US$628m, marking a year-over-year rise of 3.2 per cent.
Source: GMB / G3 Newswire
