Nevada Gaming Revenue Tops $1 Billion in March

Nevada's gaming industry topped $1 billion in revenues in March, marking the first time that the Silver State eclipsed the number since the Covid-19 pandemic began.

Revenues for March came in at $1.07 billion, up 38.1% from the month prior and up 72.6% from the revenues of March 2020 when casinos along the Las Vegas Strip first closed for the pandemic. Slot revenues were up 45.5% from the month prior to $772.1 million. Table game revenue was up 22.1% to $294.9 million, with blackjack bringing in the largest chunk of numbers.

Sportsbetting numbers were up 23.5% from February to $39.3 million with a 6.14% win percentage for the casinos.

Mobile sportsbetting handle came in at $385.1 million and generated $21.5 million of the state's sports revenues.

Clark County, which houses Las Vegas, saw gaming revenues come in at $893.2 million, up 41.4% from the month prior.

Nevada is looking at a lengthy time to rebound from the drop in business related to the pandemic. The tourism industry has cratered there, and will likely take some time before anything resembling old crowds begin to hit Sin City once again.