Nevada returns to revenue growth in November

The Nevada Gaming Commission has revealed the US state was able to post just its second month of revenue growth during the past six months in November.

Gaming revenue in November amounted to $944.3 million (€864.4 million), up 7.8% on the amount posted in the same month last year.

The November figure also represents an increase on the total posted in October, during which the state saw revenue decline 2.9% on a year-on-year basis.

Stand-out market sectors in November included slot machines, with revenue for this sector up 13.2% to $596.4 million, despite volume remaining relatively flat at $8.5 billion.

Meanwhile, sports wagering revenue was up 32.1% to $42.8 million, while the wagering total of $557 million represented a single-month record for Nevada.

Related article: Nevada hit by revenue decline in October