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Nevada reports year-on-year revenue increase for January

| By Nosa Omoigui
The state of Nevada has reported gaming revenue figures of $1.08bn (£820.0m/€980.0m) for January 2022, representing a 41.6% increase on the previous year.
Nevada Super Bowl

Slot machine revenue was the biggest contributor to the revenue total with $731.5m – up 39.0% from 2021 – while table gaming revenue added $347.3m.

Multi-denomination slots were the most popular format, generating $358.1m and penny slot machines had revenue of $279.6m. Looking at table games, blackjack revenue came to $106.0m, easily ahead of baccarat which brought in $64.8m.

Revenue from sports betting added up to $67.7m for the month, down 4.6% from last year with $15.2m of the total coming from mobile sports betting. Sports betting handle for the month came to $1.11bn, up 71.8% from the same period last year and slightly ahead of December 2021.

American football proved to be the most popular sport, with $36.6m of revenue representing a 42.9% increase on the previous month. Basketball followed with revenue of $11.3m, with other sports adding revenue of $2.9m.

The Clark County region – which includes Las Vegas – proved to be the most lucrative, with revenue of $928.7m. Washoe County followed with $74.3m, with Elko County contributing $31.7m

Nevada recently posted record gaming revenue figures of $13.40bn for 2021, in addition to record sports betting revenue figures of $445.1m.

Players in the state also wagered a record $179.8m for the Super Bowl in February.

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