Casino games continue to produce big numbers in Nevada. The latest report from the Nevada Gaming Control Board said August revenue reached $1.2 billion, a record for the month.
Growth may have slowed slightly overall, but this number is still about 1% higher than the same month last year. That total is down from $1.4 billion in July, an overall record month for the state’s casino gaming industry.
Details in the report
This marks the 30th consecutive month in which Nevada casinos have grossed $1 billion or more. Table games saw an increase of 3.2% to $380.1 million. Slot machine revenue saw a 2.1% decline to $829.2 million.
Over the past three months, gaming revenue totaled nearly $3.9 billion, an increase of 1.5%. Over the past 12 months, this total reached $15.2 billion, an increase of 3.9%.
Gaming revenue on the Las Vegas Strip saw a 1% increase to $666.8 million after the area saw some major music events for the month to attract more patrons. Table games saw revenues of $298.4 million, up 7.1%. Slot machines generated revenue of $368.3 million, a decrease of 3.4%.
Downtown Las Vegas saw revenues of $64 million, just under a 1% increase. Table games accounted for $16.2 million, an increase of 11.5% . Slot machine value reached $47.9 million, up 3.4%.
Gaming revenue totals for August could have been higher, but Gaming Commission officials believe some weather-related issues actually held the month’s growth down a bit. Hurricane Hillary caused several flight cancellations in the city later in the month, causing passenger totals at Harry Reid International Airport to decline for the first time this year.
September figures are due to be released in the coming weeks. With football season now underway and fans coming to town for some sports betting and casino play, it will be interesting to see how this month goes for gamblers.
The state is still on track to beat 2022’s record total revenue of $14.8 billion, which itself was a 10.5 percent increase from 2021. Commercial casinos in Nevada are subject to a 6.75 percent state tax, which is directed to the Nevada General Fund for programs Education at the state level. and general needs.
