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Nevada Gaming Revenues Jump 5.4% in April

The Nevada Gaming Control Board has released the state's April financial results, noting that revenues for the Silver State's casinos were up 5.4% from the same period last year.

Casinos took in $897.9 million in April, with $601.5 million coming from slot machines. Baccarat was also a major player for the state, as the game revenues jumped 5.6% to $95.5 million. Blackjack brought in $81.8 million (up 12.9%), but poker did suffer, falling 3.2% to $8.5 million. Sportsbetting was another disappointing sector, with casinos bringing in just $7.9 million, which was down 14.3%.

The Las Vegas Strip was the busiest betting area in the state, bringing in $499 million (up 7.8%), while Downtown Las Vegas brought in $49.6 million (up 12.5%).

It is expected that gaming revenues will have another strong month in May, as casinos were expected to draw in a lot of visitors and action due to the Floyd Mayweather and Manny Pacquiao fight.