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.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
1 reply • Last post

Comments

bgsharpe
Forum AngelForum Angel
sharpe's picture
Location: Sofia, Bulgaria
Joined: 4 Nov 2014
Posts: 7333
Thanks given: 3957
Thanks received: 1079
13 December 2019 - 12:57pm
#1
Quote:

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...

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.