{"id":18635,"date":"2024-04-02T09:51:33","date_gmt":"2024-04-02T09:51:33","guid":{"rendered":"https:\/\/instantcasinos.com\/?p=18635"},"modified":"2024-04-03T11:58:00","modified_gmt":"2024-04-03T11:58:00","slug":"nevada-records-1-34-billion-in-gambling-revenue-during-february","status":"publish","type":"post","link":"https:\/\/instantcasinos.com\/blog\/2024\/04\/02\/nevada-records-1-34-billion-in-gambling-revenue-during-february\/","title":{"rendered":"Nevada Records $1.34Billion In Gambling Revenue During February"},"content":{"rendered":"
Nevada gambling revenue increased by 8.5% during the month of February – with the state reaching $1.34Billion.<\/strong><\/div>\n
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Nevada Gambling Revenue In February<\/h2>\n
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.<\/p>\n
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.<\/p>\n
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.<\/p>\n
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From the two sub-sections, only multi-denomination slots saw an increase in revenue and during the month all over slots brought a decrease.<\/div>\n<\/div>\n<\/div>\n
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%.<\/p>\n
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).<\/p>\n
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.<\/p>\n
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.<\/p>\n
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.<\/p>\n
Revenue for slots decreased by 2.4% and finalized at $381m and table\/card games revenue increased by 30.3% with $419.7m.<\/p>\n
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.<\/p>\n<\/div>\n