Nevada Billion-Dollar Gambling Revenue Streak Continues for 20th Straight Month
Nevada's casinos collected over $1.28 billion in revenue during the month of October. October was the 20th month in a row that gaming revenues in the state topped the $1000 billion mark. For the fiscal year to date, Nevada gaming revenue is 3.02% above the same period in 2021.
Nevada sports betting recorded another impressive month with revenues of $56.9 million. This marked an increase of 17.7% year-on-year. Sportsbooks reported a hold of more than 6.1% of all wagers during October. Mobile wagering accounted for almost 67% of sports bets.