Nevada Gaming Revenue, Limited To Online Verticals, Collapses In April
Nevada's decision to offer only online poker among casino games and require in-person registration for mobile sports betting came back to haunt the state in April.
Nevada casinos raked in $936.4 million in April 2019, with a 99.6% decrease a year later. New Jersey's casinos saw a 68.9% decline. Downtown Las Vegas was the only place where revenue was not declining.
Howard Stutz appeared on the Gamble On podcast to discuss the impending reopening of Las Vegas casinos.
Half of Las Vegas casinos are scheduled for a semi-grand reopening next Thursday. The food and accommodation will be reservation only.
Nevada's gaming revenue fell in April.