Nevada Gaming Numbers Down Again

The Nevada Gaming Control Board has revealed the state's gambling numbers for April 2019, showing that revenues were down for the fourth straight month.

The state's gaming numbers hit $936.5 million in April, down 1.8% from the year prior. The numbers are also down $87 million from March. Vegas Strip revenues were down 3.5% to $481.8 million, but Downtown Las Vegas numbers were up 2.1% to $61.8 million.

Statewide slot revenues was virtually flat at $658.8 million. Table revenues were down 5.8% to $277.7 million. Sportsbetting revenues were up to $21.65 million, with baseball wagers up 42% to $10 million. Poker revenues were also up 4% to $8.6 million.

Revenues have been lower than the year prior in Nevada for the last four months. With that being said, the numbers still show that betting is a healthy money maker for casinos throughout the Silver State.

About the author

3 replies • Last post

Comments

bgsharpe
Forum Angel
sharpe's picture
Location: Sofia, Bulgaria
Joined: 4 Nov 2014
Posts: 6894
Thanks given: 3456
Thanks received: 978
4 June 2019 - 12:39pm
#1

Well, I guess the casinos could live with these numbers especially when sportsbetting is on the rise and make up for the rest of the business but surely the casinos would of like to see a steady growth in all sectors instead of a flat line or decrease in revenues.

Hopefully some employees wont loose their job because of the 4th straight month stagnation.

usbarbadosslim93 Recently online: 2 min ago
Forum Angel
barbadosslim93's picture
Location: Michigan
Joined: 28 Jan 2011
Posts: 11288
Thanks given: 656
Thanks received: 1421
5 June 2019 - 1:28pm
#2

I think it's going to be okay, as Vegas has been transitioning toward more general entertainment and away from just focusing on gambling. They have an NHL team now, and an NFL team will also be coming in the next year or so.

If they keep diversifying, I think they'll end up being okay in the long run.

sharpe

bgsharpe
Forum Angel
sharpe's picture
Location: Sofia, Bulgaria
Joined: 4 Nov 2014
Posts: 6894
Thanks given: 3456
Thanks received: 978
6 June 2019 - 6:38pm
#3

I'm far from being too worried over LV business future mate. 😉

On top of that the Golden Knits have been doing really well in their opening two years in the league....so who's going to win the Cup this year Slim?...I'm not sure but I think the Blues could just make it now.

Post new comment

Have something to say? Agree or disagree? Tell us what you think!

Login using your social network account
Or log in with a Casino Listings account

Login or register to post comments

Registering for an account takes less than a minute and you will be brought right back here to comment afterwards.