Nevada Betting Revenue Tops $1 Billion in October

The state of Nevada's gaming industry generated $1.02 billion in revenue in October, the sixth time that the industry eclipsed the $1 billion mark this year.

The number is down 3.9% from the total generated last year, but it marks a continued strong year for the Silver State. Slots generated the majority of revenue, with $699.1 million coming in, which was up 0.8% from the year prior. Table, card, and sportsbetting revenue accounted for $322.8 million, down 12.6% from last year.

The betting industry remains strong in Nevada, although other markets such as New Jersey have eclipsed them in terms of sportsbetting handle. The state also doesn't have online casino gambling betting, setting Nevada behind in the trend of a growing industry.

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bgsharpe
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13 December 2019 - 12:57pm
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The state also doesn't have online casino gambling betting, setting Nevada behind in the trend of a growing industry.

Yeah...I guess that's the big question there...whether the online casino sector would be ever allowed to come in...the obstacle for that is obvious...

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