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Nevada Records $1.34Billion In Gambling Revenue During February

Louis Fargher
Nevada gambling revenue increased by 8.5% during the month of February – with the state reaching $1.34Billion.

Nevada Gambling Revenue In February

During February 2023, gambling revenue in Nevada sat in $1.24bn meaning it has seen an 8.5% increase this year and also grew from the $1.28bn set in January 2024.

The opening two months has been monumental for Nevada, recording the best start to a year in history and highlights the continued gambling in the state.

There are many facets for this revenue, with slots leading the way after accumulating $827.6m during February and increasing by 0.6% from last year – $536.6m came through multi-denomination slot games and $207.6m via penny slot machines.

The traditional casino game, Baccarat, saw the biggest increase during the month and increase by 75% ($180.1m) and Blackjack brought in $132.5m – a growth of 15.6%.

Another are of intrigue is the Ultimate Texas Hold’em game, as revenue grew by 4.4% ($18m) and pai gow poker saw a 4.7% increase ($10.4m).

Another key factor to Nevada’s gambling revenue was the Super Bowl, as the sporting event was hosted in Las Vegas for the first time in history.

Nevada made a 16% increase during the month with $47.9m and American football was responsible for $12m of the revenue – with sports betting fans taking full advantage of the different Super Bowl markets.

The Las Vegas Strip continued to be a huge asset for Nevada’s gambling revenue, making $800.7m and bringing a 12.4% rise year-on-year.

Revenue for slots decreased by 2.4% and finalized at $381m and table/card games revenue increased by 30.3% with $419.7m.

While sports gambling increased by 9.9% with $24.7m in revenue, which is an increase from the previous month and was boosted by the aforementioned Super Bowl.

Louis Fargher
Louis Fargher

Louis is a news and features writer, specializing in gambling and sports. Louis has contributed different forms of content for professional sports teams, whilst acquiring a degree in journalism in the UK and has years of writing experience within the gambling industry.